Jupiter

Jupiter's Neil Carter has warned advisers against products that over-diversify investments in a bid to fit the mould of modern portfolio theory and regulation.

THE BIQ QUESTION

With the summer an increasingly distant memory, fund managers are now back at their desks and starting to navigate Q4 - that is, with a few notable exceptions.

Former New Star marketing director Richard Wilson is to join Jupiter as head of marketing next month.

Lawrence Gosling, founding editor of Investment Week, looks at what impact regulation - driven by the RDR - is going to have on the fund management industry.

Jupiter's Philip Gibbs has been buying up Australian government bonds for his £233m Second Split trust in the view the sell-off in June was overdone.

Jupiter's Merlin multi-manager team have added Jim Leaviss' M&G Global Macro Bond fund to their Merlin range as they adjust the portfolios over the summer period.

Jupiter's James Clunie plans to avoid making big calls on the state of the global economy as he assumes control of the £337m Jupiter Absolute Return fund.

BIG QUESTION

Neptune is to merge away its UK Equity fund, run by Scott MacLennan, later this year following the departure of highly rated manager Alex Breese.