Jupiter hit by £13.7m pre-tax profit slump as CEO exits

 

Fund manager Jupiter today reported a slump in pre-tax profits of £13.7m to £179.2m as assets under management dropped by 15% to £42.7bn and the firm was hit by net outflows of £4.6bn.

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Jupiter Fund Management chief executive to stand down

The chief executive of Jupiter Fund Management is to stand down, the firm revealed today.

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Henderson and US manager Janus merge to create £248bn group

UK fund manager Henderson Group and the Denver-based US manager Janus Capital Group are to join forces with the new group, to be called Janus Henderson Global Investors.

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