Jupiter: Why You'll Find Stocks We Don't Like in our Fund

Jupiter's James Clunie thinks several stocks in his portfolio will fall in value - and he will profit when they do

Emma Wall 15 September, 2016 | 3:32PM
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“A good fund manager must have an edge to beat the market, and mine is shorting stocks,” says Jupiter Absolute Return fund manager James Clunie.

Focusing on single stock selection, the data-driven manager has picked companies he believes will fall in value, and places shorts – a type of bet which profits when a share price falls – in both bull and bear markets to great effect.

“We have been in a bull market for the past seven years, conditions which my skill set is perhaps not best placed for,” says Clunie. “I like a generally drifting market – which is what we are in now. Come the bear market, I’ll be very happy.”

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Caterpillar Inc199.02 USD0.00Rating
Deere & Co332.76 USD0.00Rating
Jupiter Absolute Return Retail L Acc40.64 GBP1.11Rating
Netflix Inc628.29 USD0.00Rating
Tesla Inc843.03 USD0.00Rating

About Author

Emma Wall  is former Senior International Editor for Morningstar