Andrew Formica pockets over £1m in first year as Jupiter boss
Comes despite FTSE 250 manager being hit by over £4bn of redemptions
Comes despite FTSE 250 manager being hit by over £4bn of redemptions
Beleaguered fund loses investors 14% year-to-date as bets on Tesla and Scottish Mortgage backfire
FTSE 100 bank has funnelled more than £66bn to fossil fuel companies and high-carbon projects since Paris Agreement
FTSE 250 fund group faces second consecutive year of outflows ahead of Merian deal
Steve Davies had already lost his investment trust to Richard Buxton
Jupiter faced over £1bn in quarterly outflows when the star fund manager set out on his own
Major shareholder Jupiter has taken a hit across several funds due to its stake in the company
Premier Miton and Liontrust touted as good targets for the next round of consolidation
£48m trust had been fourth quartile over three and five years
Richard Buxton’s firm saw assets shrink to £22bn during TA Associates ownership
Richard Buxton and Merian Chrysalis confirmed as moving over in acquisition
Fund buyers expect overlap in UK, European and Asian equities