Stephen Mitchell, head of strategy for global equities and manager of the £307m Jupiter Global Managed fund, has left the firm.
Mitchell joined Jupiter in March 2015 after running global income and growth investments for Caledonia Investments, where he was also a member of their investment committee.
He has managed the group's Global Managed fund since then, applying a greater emphasis on dividends and dividend growth to drive potential returns when he took over.
Stuart Cox, who has been working with Mitchell since joining the company three years ago, will take over full responsibility of the fund on an interim basis.
Stephen Pearson, CIO at Jupiter, said: "I can confirm that Stephen Mitchell has decided to leave Jupiter. Stephen has been a committed and collaborative colleague since joining Jupiter three years ago as head of strategy for global equity.
"I would like to thank him for his hard work and dedication in managing The Jupiter Global Managed fund and we all wish him well for the future."
The Jupiter Global Managed fund has returned 35.5% over three years to 2 June, though it has underperformed both its FTSE World benchmark (+52%) and IA Global sector average return (+42%) during the same period.
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