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Jupiter Fund Management plc
	Headquarters at 70 Victoria Street
Company type	Public
Traded as	LSE: JUP; FTSE 250 component;
Industry	Investment management
Founded	1985
Headquarters	London, UK
Key people	Nichola Pease, Chairman; Andrew Formica, CEO
Revenue	£405.6 million (2023)
Operating income	£86.0 million (2023)
Net income	£(12.9) million (2023)
AUM	£52.2 billion (2023)
Website	www.jupiteram.com

Jupiter Fund Management is a UK fund management group, managing equity and bond investments for private and institutional investors. The company manages assets across a wide range of international and UK based mutual funds, investment companies and institutional mandates, as well as providing wealth management services. The Company offers a variety of equity portfolios specialising in markets such as the UK, Europe, Asia and other emerging European nations, as well as multi-manager funds and specialist thematic investments such as absolute return funds, socially responsible investment funds and global financial funds. It also has a growing fixed interest franchise, with a focus on investing in high grade corporate bonds, strategic bonds and convertibles. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company was established by John Duffield in 1985^[2] and later sold to German bank Commerzbank in two tranches in 1995 and 2000. John Duffield left in 2000 after a public row with the company's new owners and set up a rival fund group, New Star Asset Management in 2001.^[2] Between 2000 and June 2007 Jupiter was headed by Joint Group Chief Executives Jonathan Carey and Edward Bonham Carter. Jonathan Carey retired in 2010 after 23 years at the company.^[3] Between June 2007 and March 2014, Jupiter was headed by Edward Bonham Carter (brother of British actress Helena Bonham Carter).^[4]

Jupiter bought itself out from Commerzbank in a management buyout (MBO) in June 2007.^[5] Around 95% of the company's staff then became shareholders. US private equity firm TA Associates supported the MBO and held a minority stake in the business.^[3] On 21 June 2010, Jupiter floated on the London Stock Exchange at 165p a share. Employees retained around 41% ownership of the Company on the day it listed and TA Associates reinvested in the business, taking its shareholding to around 22% on the day of admission to the London Stock Exchange.^[6] In December 2013, it was announced that Edward Bonham Carter would step down as chief executive of Jupiter in March 2014 and be replaced by Maarten Slendebroek.^[7]^[8]

The company acquired Merian Global Investors for consideration of £370 million in July 2020.^[9]

Key people

Jupiter is home to a number of well-known fund managers. John Chatfeild-Roberts joined Jupiter with his team from Lazard Asset Management in 2001: he manages fund of fund portfolios and in February 2010 took over as chief investment officer.^[10] Ben Whitmore manages the Jupiter Income Trust^[11] while Mark Nichols runs the Jupiter European Fund.^[12]