Jupiter

Jupiter has reported net inflows of almost £550m in Q1 and hired former Kames distribution head Martin Harris to lead its institutional business.

Jupiter has hired former Kames Capital distribution head Martin Harris to lead its institutional business, Investment Week can reveal.

The five best-selling UK All Companies funds saw more than £1bn in collective inflows in the first two months of the year, confirming UK equities are back at the top of investors' wishlists.

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.

Value is drying up among the largest investment trusts in the market, with discounts shrinking as buyers favour more liquid products.

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Jupiter shares have fallen almost 5% in morning trading after TA Associates sold its final 10.6% stake in the company.

Jupiter CEO Edward Bonham Carter has sold one million shares in the company as he prepares to step back from running the business.

Jupiter saw its AUM hit a new record in 2013, driven by strong flows into several key funds.