Jupiter

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.

Jupiter Asset Management's chief executive Edward Bonham Carter is to hand over his role to Maarten Slendebroek in March next year.

Jupiter has written to unitholders in Ariel Bezalel's £1.6bn fund, asking them to vote on plans which would give the manager wider powers to use derivatives to take short positions.

Hargreaves Lansdown has flagged up five key investment themes to benefit from the announcements made in yesterday's Autumn Statement.

Jupiter's Robert Mumby, manager of the Jupiter International Financials fund, has identified five top stocks from around the world he expects to excel.