Jupiter and Baillie Gifford win Openwork mandates

Cedric de Fonclare to run European fund

Jupiter's Cedric de Fonclare and Baillie Gifford's Iain Campbell have been awarded fund mandates by adviser network Openwork, and will be running European and Asia Pacific strategies for the group.

Openwork said it has chosen the asset managers as it expands its multi-asset investment proposition. De Fonclare (pictured), manager of the £1bn Jupiter European Special Situations fund, will manage the Omnis European Equity fund while Iain Campbell, manager of the £84m Baillie Gifford Developed Asia Pacific fund, will run the Omnis Asia Pacific Equity fund. This is the second fund for Jupiter as the firm already manages an emerging markets strategy for the company. Both funds will launch next month and mirror the managers' existing strategies. They will form part of a range of ris...