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Jupiter's new CEO Maarten Slendebroek has outlined his vision for the business as he takes over from Edward Bonham Carter.
Edward Bonham Carter has today officially handed the CEO role at Jupiter Fund Management to Maarten Slendebroek.
Jupiter Asset Management's chief executive Edward Bonham Carter is to hand over his role to Maarten Slendebroek in March next year.
Jupiter said today it intends to use the money raised from the Cofunds sale to pay down debt as it unveiled a near £3bn rise in assets under management.
Jupiter CEO Edward Bonham Carter has backed the fund group to keep hold of key staff members as its post-IPO share lock-in period draws to a close.
Jupiter CEO Edward Bonham Carter has sold 750,000 shares in the group, bringing his shareholding down below 3%.
Shares in Edward Bonham-Carter's Jupiter Fund Management raced back towards record highs today after a bumper set of results showing growth in profits of around 5%.
Jupiter CEO Edward Bonham Carter has called into question the equity market rally, suggesting current moves do not yet signal the start of a new bull market.
Solid inflows into its mutual fund business and segregated mandates, as well as positive market movements, helped Jupiter grow its assets under management to over £26bn in Q4.