Jupiter Asset Management today announces the launch of the Jupiter Origin Global Smaller Companies UCITS ETF (JOGS) on the LSE in the UK and the Swiss SIX exchange. This is the company’s second active ETF, offering investors flexible and transparent access to a category that is increasingly in demand.
JOGS will be managed by the five-strong Jupiter Origin team, which is led by investment manager Tarlock Randhawa and has an average of 20 years of investment management experience. The wider team also includes investment managers Chris Carter and Nerys Weir and investment analysts Ben Marsh and Ruairi Devery-Kavanagh.
Jupiter Origin uses a highly differentiated and clearly defined investment process that has a strong long-term track record[1]. Compared to the benchmark MSCI AC World Small Cap Index, Jupiter Origin has outperformed across one, three, five and 10 years[2].
The investment process combines fundamental and quantitative aspects and targets companies exhibiting a balance of four key characteristics – superior profitability and growth, attractive relative value, strong earnings revisions and positive share price momentum.
Over the last 20-plus years, global small-cap stocks have outpaced their large-cap equivalents by over 2% a year, on average. On conventional valuation measures, global small cap stocks are trading below their peak while global large cap valuations are trading close to their peak[3].
A global approach to smaller companies also offers greater potential for diversification, including exposure to emerging markets, which have historically been strong performers versus developed market peers.
Launched in partnership with white-label specialist HANetf, JOGS will charge a total expense ratio (TER) of 45bps.  The fund was listed on Italy’s Borsa Italiana and Germany’s Xetra on 12 November.
Tarlock Randhawa, Head of the Jupiter Origin team, said:
“The Jupiter Origin team is pleased to be able to offer investors an opportunity to invest in our Global Smaller Companies strategy through an exciting and convenient method of delivery in the form of our new ETF. Â
“We believe our investment philosophy and process offer something different, which clients can understand and rely on over time. Our approach is grounded in clarity, evidence, and discipline. We deliberately avoid forecasts and subjective opinion when building our portfolios, instead applying our collective judgment to the objective evidence generated by our process. This objective mindset helps us to avoid emotional biases and ensures investment decisions are repeatable, transparent, and consistently applied.”
