JO Hambro's Savvides to take on Jupiter UK special sits as Ben Whitmore departs to launch boutique

Non-compete established

James Baxter-Derrington
clock • 3 min read

Alex Savvides is set to depart JO Hambro to take on management of Jupiter’s £2.1bn UK Special Situations fund, as current manager Ben Whitmore exits to establish a value equities boutique.

Manager of JO Hambro's £1.3bn UK Dynamic fund, Savvides is set to join Jupiter "by the Autumn of 2024" and brings 28 years' industry experience. He first joined JO Hambro in 2003 and launched the UK Dynamic fund in 2008, prior to which he served at a trio of UK stockbrokers. Jupiter AM's CEO and investment chiefs on share price woes, active management and the rebirth of absolute return Savvides said he was "very excited" to join Jupiter at an "important time in its evolution", noting the firm's "illustrious history in developing and nurturing active investment talent...

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