Rate rises: Are strat bonds the key to protecting portfolios?
Ex-Jupiter manager Philip Gibbs has criticised his former employer in a public outburst at the company's annual general meeting, according to reports.
Jupiter has reported net inflows of almost £550m in Q1 as new investment trust business and continued retail flows bolstered AUM.
Rathbones has won the £43m race to buy Jupiter's private client arm and is also to purchase part of Tilney IM"s private client business in a separate £14m deal.
Edward Bonham Carter has today officially handed the CEO role at Jupiter Fund Management to Maarten Slendebroek.
Jupiter saw its assets under management hit a new record in 2013, driven by strong flows into several key funds.
Rathbones has reported a 15% increase in pre-tax profit for 2013, to £44m, but its interest in a potential purchase of Jupiter's private client business remains uncertain.
Jupiter has promoted Simon Hynes to global head of distribution as Maarten Slendebroek takes over as chief executive.
Philip Matthews has turned over almost half the holdings in the Schroder UK Alpha Plus fund since taking over the fund from Richard Buxton in October, IFAonline sister title Investment Week can reveal.
Jupiter's emerging Europe specialist Elena Shaftan is to retire from the group, with her funds handed over to Kathryn Langridge, IFAonline's sister title Investment Week understands.