BrandWikiReturn

Jupiter Fund Management

Jupiter Fund Management is a UK fund management group, managing equity and bond investments for private and institutional investors. The company manages assets across a wide range of international and UK based mutual funds, investment companies and institutional mandates, as well as providing wealth management services. The Company offers a variety of equity portfolios specialising in markets such as the UK, Europe, Asia and other emerging European nations, as well as multi-manager funds and specialist thematic investments such as absolute return funds, socially responsible investment funds and global financial funds. It also has a growing fixed interest franchise, with a focus on investing in high grade corporate bonds, strategic bonds and convertibles. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company was established by John Duffield in 1985[3] and later sold to German bank Commerzbank in two tranches in 1995 and 2000. John Duffield left in 2000 after a public row with the company's new owners and set up a rival fund group, New Star Asset Management in 2001.[3] Between 2000 and June 2007 Jupiter was headed by Joint Group Chief Executives Jonathan Carey and Edward Bonham Carter. Jonathan Carey retired in 2010 after 23 years at the company.[4] Between June 2007 and March 2014, Jupiter was headed by Edward Bonham Carter (brother of British actress Helena Bonham Carter).[5]

Jupiter bought itself out from Commerzbank in a management buyout (MBO) in June 2007.[6] Around 95% of the company's staff then became shareholders. US private equity firm TA Associates supported the MBO and held a minority stake in the business.[4] On 21 June 2010, Jupiter floated on the London Stock Exchange at 165p a share. Employees retained around 41% ownership of the Company on the day it listed and TA Associates reinvested in the business, taking its shareholding to around 22% on the day of admission to the London Stock Exchange.[7] In December 2013, it was announced that Edward Bonham Carter would step down as chief executive of Jupiter in March 2014 and be replaced by Maarten Slendebroek.[8][9]

The company acquired Merian Global Investors for consideration of £370 million in July 2020.[10]

Key people

Jupiter is home to a number of well-known fund managers. John Chatfeild-Roberts joined Jupiter with his team from Lazard Asset Management in 2001: he manages fund of fund portfolios and in February 2010 took over as chief investment officer.[11][12][13]

External links

References

  1. Board and Governance Jupiter Fund Management, retrieved 18 September 2025^
  2. Annual Results 2025 Jupiter Fund Management, retrieved 26 February 2026^
  3. John Duffield rebounds from fall of New Star Daily Telegraph, 15 April 2009^
  4. Jupiter deputy chairman Carey to retire City Wire, 8 December 2010^
  5. Jupiter's £1bn IPO will brave market Daily Telegraph, 19 May 2010^
  6. Commerzbank agrees to sell Jupiter to its management and TA Associates Jupiter, 20 March 2007, retrieved 9 April 2016^
  7. Jupiter valued at £755m after 2x oversubscribed IPO Investment Week, 16 June 2010, retrieved 9 April 2016^
  8. Jupiter chief quits amid rising pressure FT.com, December 2013, retrieved 9 April 2016^
  9. Chief Executive Bonham Carter to step down eFinancial News, retrieved 9 April 2016^
  10. Jupiter faces challenges avoiding Standard Life Aberdeen fate as Merian deal completes Portfolio Adviser, 1 July 2020, retrieved 3 March 2021^
  11. Jupiter's Chatfeild-Roberts advises caution on bonds Portfolio Advisor, 16 December 2010, retrieved 9 April 2016^
  12. Ben Whitmore Citywire, retrieved 3 March 2020^
  13. Alex Darwall steps down as manager of Jupiter European Investors Chronicle, 3 April 2019, retrieved 3 March 2020^