Jupiter vice chairman Edward Bonham Carter has questioned the number of groups launching multi-asset funds, with the majority attracting little interest from fund buyers.
Ex-Jupiter manager Philip Gibbs has criticised his former employer in a public outburst at the company's annual general meeting, according to reports.
Could the US yet be a land of opportunity for fund managers?
Jupiter's global head of distribution, Simon Hynes, is to leave the group after 12 years to take a sabbatical.
Jupiter has launched a US small- and mid-cap fund for Robert Siddles.
Former chancellor Norman Lamont (pictured) has become chairman of the Jupiter Second Split trust after Gordon Campbell passed away.
Multi-managers are continuing to turn to commercial property as they seek to combine capital growth with new income streams.
Jupiter's John Chatfeild-Roberts and team have added a commercial property play as well as funds from Invesco Perpetual and Majedie as part of the latest changes to their Merlin multi-manager portfolios.