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 upbeat despite £2.3bn net outflow in Q1

Jupiter saw a net fund outflow of £2.3bn in Q1 as investors shifted money elsewhere.

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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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Jupiter set to swallow Merian in £370m deal

Jupiter Fund Management has revealed plans to takeover rival Merian Global Investors in a move aimed at creating a more diversified asset manager and cutting costs.

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