Jupiter

Jupiter CEO Edward Bonham Carter has sold 750,000 shares in the group, bringing his shareholding down below 3%.

Ariel Bezalel has been adding gold mining debt to the £1.5bn Jupiter Strategic Bond fund, in expectation the gold spot price could hit as much as $3,000 per troy ounce in the next 12-24 months.

EQUITIES

Jupiter's John Chatfeild-Roberts has warned investors not to get carried away with the euphoria surrounding equity markets, saying many companies are being kept afloat by low interest rates.

Henderson's chief executive Andrew Formica has teamed up with Nichola Pease and a range of asset managers to launch an initiative to get young people in the UK work experience - and potentially jobs - in the City.

Sanlam's top-performing financials manager Kokkie Kooyman has warned investors they should be wary of owning companies which are highly correlated to equity markets ahead of an expected correction.

Shares in Edward Bonham-Carter's Jupiter Fund Management raced back towards record highs today after a bumper set of results showing growth in profits of around 5%.

Jupiter Fund Management has announced a 13% increase in its total dividend for 2012, ahead of analyst expectations, as the group continues to strengthen its balance sheet.

Jupiter has been tipped as a likely winner in the asset manager space as the gap between those who receive advice and those who do not widens and pushes more consumers to self-invest.

Jupiter CEO Edward Bonham Carter has called into question the equity market rally, suggesting current moves do not yet signal the start of a new bull market.