Jupiter's Alexander Darwall to step down from flagship funds

Darwall, who is also head of Jupiter's European Growth strategy, will step down from the funds "before the end of the year" to focus on the £912m Jupiter European Opportunities trust, which he has managed since 2000, and his long-standing segregated institutional mandates. He has managed the Jupiter European fund and European Growth sicav since 2001 and 2007 respectively, and will be passing responsiblity to Mark Nichols, after a "suitable transition period" as part of the ongoing development of the Jupiter European Growth team.  Jupiter sees £4.6bn outflows in CEO Slendebroek's 'chal...