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Jupiter Absolute Return

Ranked 43 out of 79 in - Long/Short Equity over 12 months
All calculations are in GBP

Managed by

James Clunie

James Clunie has developed a strong reputation for managing absolute return strategies. Prior to joining Jupiter, he worked at Scottish Widows Investment Partnership as an Investment Director of equities, and managed a long/short equity fund and UK long-only funds. James was a senior lecturer in finance at the University of Edinburgh between 2003 and 2007, prior to which he worked as Head of Global Equities at Aberdeen Asset Management and Director and Head of Asset Allocation at Murray Johnstone International. James gained a degree and PhD from Edinburgh University and is a Chartered Financial Analyst.


The Fund seeks to generate absolute return, independent of market conditions, by investing on a global basis.


Long/Short Equity over : 31/10/2014 - 31/10/2015
  • Rank 43/79 Total Return
  • Rank 32/79 Standard Deviation
  • Rank 19/79 Max Drawdown
Fund Name Return
41 Threadneedle UK Absolute Alpha Ret Net Acc GBP


42 GLG Global Equity Alternative DN H GBP

Currency exposure is hedged

Currency exposure is hedged


43 Jupiter Absolute Return Acc


44 Henderson HF Pan European Alpha I2 GBP H


45 BSF European Diversified Equity Abs Ret A2 GBP Hgd

Currency exposure is hedged

Currency exposure is hedged


Fund Name Risk
30 Jupiter JGF Europa L GBP B Acc HSC


31 RWC Europe Absolute Alpha A GBP

Currency exposure is hedged

Currency exposure is hedged


32 Jupiter Absolute Return Acc


33 JPM US Select Long-Short Equity A (perf) Dis GBP H

Currency exposure is hedged

Currency exposure is hedged


33 Man NewSmith UK Equity Alternative


Fund Name Loss
17 GLG Global Equity Alternative DN H GBP

Currency exposure is hedged

Currency exposure is hedged


18 Pensato Europa Absolute Return R GBP B

Currency exposure is hedged

Currency exposure is hedged


19 Jupiter Absolute Return Acc


20 Legg Mason Martin Currie GF Europn Abs Alpha GBP


21 Henderson HF Pan European Alpha I2 GBP H


Total Return

Quarterly Performance

to 30/09/2015 Annual Q1 Q2 Q3 Q4
2015 3.1% -0.7% 5.0%
2014 -0.8% 0.0% 1.0% -1.0% -0.8%
2013 1.9% 1.2% -1.0% -0.3% 1.9%
2012 0.5% 0.3% 1.2% 0.2% -1.3%
2011 -0.2% -2.4% -2.3% 4.4% 0.4%
2010 1.5% 1.8% -0.8% -2.5% 3.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Spain
  2. United Kingdom

Fund Info

  • Launch date14/12/2009
  • Share Class size219Mn
  • Base currencyGBP
  • ISIN GB00B5129B32

Purchase Info

  • Min. initial investment50,000
  • Min. additional investment5,000


  • Annual management1.25%
  • Initial investment5.25

Related News

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Clunie banks benefit of renminbi short after 10 year wait

Jupiter Absolute Return manager recently placed a trade after a decade of planning.

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Jupiter’s Clunie: the trade I’ve waited a decade to place

Absolute return manager took inspiration from economist Nassim Taleb's books.

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We analyse how absolute return fund have fared after a flurry of launches five years ago.

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James Clunie: I’m in a shorting ‘arms race’

James Clunie, manager of the £250 million Jupiter Absolute Return fund, tells Wealth Manager how and what he's shorting.

James Clunie: the stocks I’m backing and shorting

The new manager of the Jupiter Absolute Return fund, James Clunie, has revealed the companies he is investing in and those he is betting against.

Jupiter’s Clunie warns investors must risk drawdowns to get returns

Jupiter’s James Clunie believes he can deliver 4-7% annualised returns with his Absolute Return fund, but said investors need to rethink how they view the sector.

Jupiter's Clunie: I think we can hold our own

James Clunie told Wealth Manager that spending hours poring over macroeconomic notes would not help him beat the competition, but shorting stocks was his 'edge'.


Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).