Square Mile suspends two Jupiter fund ratings amid Whitmore and Murphy exit

Three BNY Mellon funds lose ratings

clock • 3 min read

Square Mile has suspended the ratings of two Jupiter funds, due to Ben Whitmore and Dermot Murphy’s upcoming departure from the firm.

The Jupiter UK Special Situations and Jupiter Global Value Equity funds have had their respective AAA and A ratings suspended in the latest monthly rebalance. Whitmore managed the special situations fund, while Murphy managed the global value portfolio, and both are set to leave the firm in July 2024 to establish an independent investment boutique. JO Hambro's Savvides to take on Jupiter UK special sits as Ben Whitmore departs to launch boutique Alex Savvides will join Jupiter from JO Hambro Capital Management in the late summer to take on management of the special situations fund....

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