Jupiter

Jupiter chief executive Edward Bonham Carter is to join the board of Land Securities as a non-executive director next year.

European equity funds focusing on value stocks have posted almost double the returns of their growth-oriented rivals this year, as cyclical companies and the European periphery outperform quality growth plays.

Some of the largest multi-asset funds in the UK retail space have seen performance slump in recent months after they struggled to navigate a difficult summer.

Katharine Dryer has joined Jupiter as product specialist for its fixed interest and multi-asset team.

Jupiter chief executive Edward Bonham Carter has said wealth managers and advisers should pay more attention to a fund's ‘active share' as they seek to add value for clients.

Jupiter has hired Robert Siddles from F&C to run US small cap portfolios at the group, with the manager bringing across his £150m US Small Cap trust.

Buyers fear increased stock-specific risk as active EM funds run high weightings to developed markets.

Jupiter has promoted Dan Carter to run its $148m Jupiter Japan Select SICAV, with Simon Somerville stepping back to become deputy manager.

Jupiter has reported net inflows of £271m for the three months to 30 September, helping push AUM up by almost £850m over the period.

BOOK COMPETITION