Markets have rallied a long way in the last two years, and Benjamin Graham and David Dodd, the fathers of value investing, would probably find few opportunities at the moment, according to Jupiter's Ben Whitmore.
Jupiter Fund Management saw a net inflow of more than £1bn into its fund range in the nine months to September, a period in which it concluded the sale of its private client business to Rathbones.
Former Jupiter head of private clients Andrew Clark has become head of Rathbone Private Office after the company completed its acquisition of Jupiter's private wealth business.
Fund groups should be wary of using performance fees within their products to incentivise managers, Jupiter's vice chairman has warned.
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