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Posted by
Two Blokes Jul 10 -
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Stock
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Jupiter Fund Management PLC (LSE:JUP) has agreed to acquire CCLA, the leading asset manager in the UK for the non-profit sector, for £100 million, and announced plans to return 50% of 2025 performance fee revenue through dividends or share buybacks. Founded in 1958, CCLA manages over £15.1 billion in assets for non-profit organisations including charities, religious groups and local authorities, and has delivered annual net inflows to long-term funds for 15 consecutive years.
