Jupiter Asset Management is still hoping to keep star European equities manager Alexander Darwall as the firm looks to salvage and build its investment trust business.
It was reported earlier in July that Darwall, a 23-year Jupiter veteran, would quit the firm to set up his own investment boutique, Devon Equity Management. The board of the investment trust he runs,...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow