Jupiter

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

Specialist funds vary in performance as small and niche groups contrast with biggest names in investment

ETHICAL

RWC Partners has made significant changes to its Global Convertibles fund since the departure of former managers Miles Geldard and Lee Manzi.

The UK's new coalition Government is preparing to make large-scale spending cuts in an attempt to reduce the country's worryingly large Budget deficit, and managers are bracing themselves for the possible impact.

CONTRARIAN INVESTOR

Jupiter has hired two managers from RWC Partners to run new global convertibles and multi-asset strategies.

Jupiter's six most senior fund managers are set to hold a stake worth £140m as the group set the price range of its IPO at 150p and 210p per share last week.

Jupiter has hired two managers from RWC Partners to run global convertibles and multi-asset strategies.

Jupiter's six most senior fund managers are set to own a stake worth about £140m following the asset manager's IPO.