It has been announced that Jupiter Fund Management is seeking to acquire Merian Global Investors. If the proposed acquisition goes ahead as planned, the Merian business will be fully integrated into the Jupiter group at some point in the second half of this year. For the time being, we have decided not to change the ratings of either the Merian or the Jupiter funds within our Academy of Funds, as for now we do not believe that there will be any changes to way in which they are managed.

The Square Mile rated Merian funds:

Fund	Rating
Merian UK Alpha	AA
Merian UK Mid Cap	A
Merian UK Smaller Companies	AA
Merian Global Equity	A
Merian Global Equity Income	A
Merian Asia Pacific	A
Merian North American Equity	A

The Square Mile rated Jupiter funds:

Fund	Rating
Jupiter Asian Income	AA
Jupiter Absolute Return	A
Jupiter Distribution	A
JGF Jupiter European Opportunities	A
Jupiter European Special Situations	A
Jupiter Merlin Balanced Portfolio	AA
Jupiter Merlin Growth Portfolio	AA
Jupiter Merlin Income Portfolio	AA
Jupiter UK Special Situations	AA

We will keep investors updated over the coming months, whilst further information on the proposed acquisition can be accessed here.