Gibbs to hand over Jupiter Financial Opps to de Blonay

Jupiter's Guy de Blonay is taking over lead management of the group's £1.04bn Financial Opportunities fund on 1 January, allowing Philip Gibbs to focus on running his other mandates.

de Blonay, who re-joined Jupiter from Henderson New Star earlier this year, has co-managed the long-only Fin Opps vehicle with Gibbs since June. Gibbs remains head of the financials team and will continue to run his long/short Jupiter Absolute Return and International Financials vehicles. He will also continue to manage the Jupiter Second Split trust. Launched in December 2009, Jupiter Absolute Return and International Financials have generated significant investor interest, with the sizes of the funds now £634m and £170m respectively. Gibbs track record on Financial Opportunities ...