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As Jupiter cuts cash, many IFAs see the move as a bid to grab opportunities.
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Are investors who hold cash as well as their fund managers unecessarily doubling up on lower risk?
Jupiter’s half-year results report an increase in assets under management and reduced debt levels.
Cedric de Fonclare is to run Jupiter’s European Income Fund when Malcolm Millar leaves the firm.
John Chatfeild-Roberts, Philip Gibbs, Anthony Nutt and others at Jupiter have offloaded 31.3m shares
SIG has handed mandates for its European Best Ideas Fund to Jupiter and Mandarin Gestion.
Jupiter AM has hired Amanda Sillars and moved David Lewis across from its private clients team.
