Still a major part of fund manager universe

Investment strategies

Jupiter has survived the upheaval caused by founder John Duffield's departure and managed to maintain its position in the fund manager world

Three years ago, Jupiter was in something of a spin. John Duffield, the firm's founder and chief, had an acrimonious row with the company's German owners over bonus payments and the dispute was resolved only when Duffield left to set up rival asset manager New Star. His departure, coming so soon after the retirement of star income manager William Littlewood on grounds of ill-health, prompted many industry watchers to predict the worst for Jupiter. The group had been knocked from its orbit and there was no way of telling whether it would stabilise again. That Jupiter did not fade away is l...