Jupiter Asset Management's Derek Pound is to leave after 20 years of service as the group shuts its Global Energy fund, Investment Week can reveal.
The cyclicality of listed asset management businesses has been called into question as big names spring dividend surprises and attract the interest of UK equity income managers.
The FCA has used its consumer protection powers for the first time, banning the sale of contingent convertible securities to the mass market.
Jupiter has reported an 18% fall in its profits in the first half of 2014, with the sale of its private client business increasing costs but also boosting dividend prospects.
How do you replace Neil Woodford?
Funds from Schroders, Jupiter, and Henderson Global Investors are dominating Chelsea Financial Services' new ratings service, FundCalibre.
Platforms are racing to update their conversion programmes as advisers complain about hefty charges when switching clients into clean share classes.
Tensions in Iraq prompted a spike in the oil price last month, but UK equity managers are torn over whether ‘supermajors' BP and Shell are the best way to play rising prices.