Jupiter Appoints BNY to Deliver Streamlined Operating Model

LONDON, January 29, 2026 - BNY (NYSE: BK), a global financial services company, has announced a multi-year agreement with Jupiter Fund Management ("Jupiter"), a specialist, active asset manager, to provide a suite of operational services that will support the asset manager's goal to enhance its operating platform.

Through this strategic relationship, Jupiter has consolidated back-office services for its offshore jurisdictions with BNY as well as outsourcing its middle office operations. BNY will now provide a suite of capabilities across custody, fund administration, transfer agency and depositary services, specialized middle office, investment operations, and data management.

This close collaboration with BNY has been developed to streamline Jupiter's operating platform and support the asset manager in achieving its strategic objectives of building scale, enhancing efficiencies, and improving the experience for its clients.

"This relationship with BNY has enabled us to simplify and enhance our operational activities, gaining access to a global support model more commensurate to our business and client needs," said Dan Cunningham, Head of Operations at Jupiter. "We believe the streamlining of our operating platform will ultimately result in a more consistently excellent experience for our clients and positions us strongly for the future."

"We're excited to work closely with Jupiter to implement this transformational operating model and enable their future success," said Emily Portney, Global Head of Asset Servicing at BNY. "This multi-year agreement underscores BNY's ability to equip asset managers with integrated capabilities that drive operational efficiency, unlock new avenues for growth and help them focus on what's most important - delivering for their own clients."

Notes to Editors

Custody and depositary appointments for Jupiter's UK-listed funds are subject to regulatory approval.

For further information, please contact:

BNY

Saurav Karia

[email protected]

About BNY

BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

About Jupiter

Jupiter is a specialist, high-conviction, asset management business, offering a range of actively managed strategies to clients globally. Jupiter manages assets across Equity, Fixed Income, Multi-Asset and Alternative strategies and aims to create a better future for clients through active investment excellence. Jupiter is a market leading asset manager in the UK mutual fund market based on the size of its AUM and gross sales, its strong investment performance track record, the strength of its brand and presence in key distribution channels. It is supported by over 120 investment management professionals. It manages assets on behalf of both the retail, wholesale and investment trust channel, as well as on behalf of Institutional clients. As at 30 September 2025, approximately 79 per cent of Jupiter's AUM was in mutual funds, the majority of which are open-ended funds directed towards investors through intermediated distribution channels in the UK, EMEA, Asia and Latin America. Jupiter has offices in the UK, continental Europe and Asia. As at 30 September 2025, Jupiter had total AUM of £50.4 billion