Jupiter set to axe up to 90 jobs in restructure

Fund manager Jupiter is set to make up to 90 staff redundant over the next six months as it looks to cut costs and restructure.

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Pre-tax profits dive 50% at Jupiter in first half

Interim figures from Jupiter today underlined the impact of the Coronavirus pandemic as pre-tax profits plunged by 50% to £40.8m and Assets Under Management declined from £45.9bn June 2019 to £39.2bn in June 2020.

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Jupiter shareholders back £370m takeover of Merian

Shareholders in fund manager Jupiter have voted to approve the takeover of rival Merian at the company’s AGM this week.

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Jupiter suffers 11% drop in pre-tax profit

Fund manager Jupiter, which recently announced plans to buy rival Merian, has reported an 11% decline in annual pre-tax profits to £162.7m.

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