Jupiter appoints BNY for operating model overhaul

Jupiter slims down custodian partners, rejects outsourced trading - Global Trading

Jupiter Asset Management has cut down its trio of custodians to one – BNY. In a multi-year agreement, BNY will now operate Jupiter’s back-office services for offshore jurisdictions and its middle-office operations. The asset manager is not planning to outsource its trading capabilities to BNY, it confirmed to Global Trading. Liontrust took this route in June 2025. READ MORE: Liontrust outsources trading as firm’s performance falters “This close …

Jupiter appoints BNY for operating model overhaul

UK-based Jupiter Fund Management has contracted asset servicer BNY for an operational outsourcing mandate. The multi-year agreement will see BNY provide a number of services designed to “enhance” Jupiter’s operating platform. Jupiter has already consolidated its offshore back-office services with BNY, along its middle office operations. Now BNY is adding services across custody, fund administration,