Jupiter

Jupiter has promoted Simon Hynes to global head of distribution as Maarten Slendebroek takes over as chief executive.

Philip Matthews has turned over almost half the holdings in the Schroder UK Alpha Plus fund since taking over the fund from Richard Buxton in October, Investment Week can reveal.

Jupiter's emerging Europe specialist Elena Shaftan is to retire from the group, with her funds handed over to Kathryn Langridge, Investment Week understands.

Edward Bonham Carter has compared the reaction of markets to the end of ultra-loose policy to "Lance Armstrong coming off the drugs" in one of his final speeches as Jupiter chief executive.

Jupiter CIO John Chatfeild-Roberts has said he will seek to invest more of his £9bn Merlin multi-manager range in funds with overseas assets if sterling maintains its upwards trend.

After a year of stellar returns from Japan, investors are concerned the Japanese equity funds that beat competitors in 2013 will not be able to deliver again this year.

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.