Defensive Jupiter Merian deal shows fund groups are not safe from M&A
Premier Miton and Liontrust touted as good targets for the next round of consolidation
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
Andrew Formica had overseen similar deals at Janus Henderson
CIO accepts 27% losses have been ‘challenging’ for investors in the strategy
The FCA gets Jupiter’s head of distribution thinking about value for money
James Clunie and Crispin Odey were already underperforming before the stock tripled
Pint sized Jupiter UK Alpha and Enhanced Distribution had struggled to hold onto assets and outperform peers
Fiscal stimulus is a concern in the year ahead as a massive debt pile builds up
Similar arrangement was in place while Nichola Pease was non-exec director at Schroders