Jupiter

Brown Shipley has become the latest group battling for Jupiter Asset Management's wealth arm, according to sources.

Last year was brutal for many fixed income investors as talk of tapering in the US and the great rotation to equities pushed up core bond yields. But which portfolios protected investors regardless - and could do so again this year?

Jupiter has reported net fund flows of £458m for Q4 2013, taking its total assets under management to over £30bn for the first time.

Wealth management giants including Rathbones, Towry and Quilter are said to be looking at a £50m acquisition of Jupiter's private client business, and a sale now could enable the group to pay a special dividend to shareholders, analysts have said.

Absolute return funds

WHO TO WATCH

Jupiter is looking at a sale of its private client business after receiving an unsolicited bid for the division, according to reports.

Investors looking at asset managers' shares should be buying into Jupiter, Schroders and Aberdeen this year, as major acquisitions and RDR continue to benefit the three businesses, according to JPM Cazenove analysts.

Jupiter's Rhys Petheram is to take over the fixed income portion of the group's £540m High Income fund from Ariel Bezalel next year.

Hundreds of multi-asset funds are failing to gain traction among investors despite a concerted push into the space by asset managers, Investment Week analysis shows.