The FSA Spy market buzz – 4 April 2025
BNY Mellon IM’s conversion; Elusive libertarian investing dream; Eastspring and Vontobel on tariffs; Wisdom of Larry Fink; Has the EU finally seen sense? Price of admission and much more.
HEAD-TO-HEAD: Jupiter versus Ninety One
FSA compares two gold products: the JGF-Jupiter Gold and Silver Fund and the Ninety One Global Gold Fund.
Manager review
Ned Naylor-Leyland has managed the JGF – Jupiter Gold & Silver fund since its launch in 2016. He previously worked for Merian (acquired by Jupiter), Smith & Williamson and Quilter Cheviot.
“He is a passionate advocate for his asset class and has almost two decades’ experience of precious metals investing,” said McDermott.
George Cheveley is “a metals and mining specialist”, and he joined Ninety One (previously Investec) in 2007, said McDermott.
He began his career at British Steel Strip products in 1990, and has also worked at the Commodities Research Unit as well as period as a market analyst for BHP Billiton before joining Ninety One.
Cheveley became manager of the Ninety One Global Gold fund in 2015.
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