Jupiter

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.

BIQ QUESTION

Fixed income managers have cautioned the Bank of England (BoE) will be forced to backtrack on its forward guidance measures as it has been too pessimistic over the state of the UK economy.

Jupiter is planning to scrap the performance fee on its Absolute Return fund from 1 November, two months after manager Philip Gibbs hands the vehicle over to new recruit James Clunie.

Chris Crawford, sales and marketing director at Jupiter, is to depart after seven years at the fund manager.