 | |
 Headquarters at 70 Victoria Street | |
| Company type | Public |
|---|---|
| Industry | Investment management |
| Founded | 1985 |
| Headquarters | London,UK |
Key people | David Cruickshank,Chairman Matthew Beasley,CEO[1] |
| Revenue |  £402.5 million (2024)[2] |
 £86.4 million (2024)[2] | |
| £65.2 million (2024)[2] | |
| AUM | £45.3 billion (2024)[2] |
| 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 basedmutual 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 theLondon Stock Exchange and is a constituent of theFTSE 250 Index.
The company was established byJohn Duffield in 1985[3] and later sold to German bankCommerzbank in twotranches 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.[3] 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.[4] Between June 2007 and March 2014, Jupiter was headed byEdward Bonham Carter (brother of British actressHelena Bonham Carter).[5]
Jupiter bought itself out from Commerzbank in a management buyout (MBO) in June 2007.[6] Around 95% of the company's staff then becameshareholders. US private equity firmTA Associates supported the MBO and held a minority stake in the business.[4] 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.[7] 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.[8][9]
The company acquired Merian Global Investors for consideration of £370 million in July 2020.[10]
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.[11][12][13]