Jupiter

John Chatfeild-Roberts, CIO of Jupiter and head of the group's £4.6bn multi-manager range, has urged investors to go back to basics and avoid being tempted into complex products promising unrealistic returns.

FUND MANAGER FOCUS

FUND MANAGER FOCUS

Jupiter has made three new appointments with the hire of Kathryn Langridge and the promotion of two co-managers to Tony Nutt's Distribution fund.

UK INCOME

The board of the £42m Jupiter Green investment trust has made changes to the vehicle's investment policy following a strategic review.

Jupiter has promoted Alastair Gunn and Rhys Petheram to the role of co-managers of the £261m Distribution fund, alongside Anthony Nutt and John Hamilton.

Jupiter is planning a global emerging markets fund for Kathryn Langridge, who is joining the firm after a three-year stint at Lloyd George.

Jupiter shares have opened at 190.25p on the first day of full trading on the London Stock Exchange, a 15% increase on its offer price.

Jupiter's IPO has been more than 2.5 times oversubscribed after a strong take-up from both institutional and retail investors.