Edward Bonham-Carter

Jupiter Fund Management reported a £1.6bn increase in assets under management for the third quarter, supported by flows into more cautious funds such as Merlin Income, Strategic Bond and Global Convertibles.

Jupiter chief executive Edward Bonham Carter has said the significant disruption facing platform business models in the run-up to RDR will lead to consolidation in the space.

Strong retail fund flows in the first half of 2012 have driven Jupiter's AUM to £23.4m, exceeding analyst expectations as the group reported net profit of £31.2m for the period.

A surge in protectionism driven by a persistently weak Chinese renminbi remains a wildcard for the global economy that should not be discounted, according to Jupiter CEO Edward Bonham Carter.

Jupiter's chief executive Edward Bonham Carter tells James Smith why equity markets will struggle to cope with their debt hangover, and why he misses running money

A group of Jupiter directors and employees, including Edward Bonham Carter and Tony Nutt, have sold off £63m worth of ordinary shares in the group, representing a 5.7% stake.

Jupiter saw its assets under management climb 9% to £24bn in the fourth quarter, with net inflows of £772m beating analysts' expectations.

Jonathan Carey, Jupiter's group executive deputy chairman, is to retire next week.

Senior Jupiter managers Tony Nutt, Philip Gibbs, Edward Bonham Carter and John Chatfeild-Roberts will together own almost 14% of the group following the IPO, valuing their stake at more than £105m.

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