Jupiter adds co-managers to Nutt's Distribution fund

Jupiter has promoted Alastair Gunn and Rhys Petheram to the role of co-managers of the £261m Distribution fund, alongside Anthony Nutt and John Hamilton.

Gunn joined the firm in 2007 to work with Nutt on the UK equities desk. He was formerly a director of equity research at Arbuthnot Securities, and has previously worked for Bear Stearns. Petheram has worked with John Hamilton, the head of fixed interest, since joining Jupiter from Moody's in 2006. Nutt and Hamilton have managed the Distribution fund since it launched in 2002. The portfolio has a 60%/40% asset allocation split between bonds and equities Chief investment officer John Chatfeild-Roberts says: "Jupiter has a strong reputation for successfully developing its fund manage...