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Posts Tagged ‘jupiter’

Return of the Nineties fund superstar

Wednesday, April 22, 2009 : Permalink

This is Money – A star fund manager who made thousands of pounds for investors in the Nineties is set for a comeback.

William Littlewood was at the helm of the Jupiter Income fund which increased investors’ savings by 600%.

This week, fund house Artemis announced investors would get another chance to use his expertise.

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Jupiter Asset’s Bonham Carter gives up fund

Tuesday, March 3, 2009 : Permalink

Reuters – Edward Bonham Carter, chief executive of Jupiter Asset Management, is to stop running his Undervalued Assets fund after threatening last year to hand over the role if performance did not improve.

New hire Patrick Harrington, who joined Jupiter last week, will take over management of the fund at the end of the month, Jupiter said in a note on Monday.

Bonham Carter, a well-known figure in the fund management industry, has beaten the market and rival funds since he began running the fund eight years ago, but in more recent years performance has flagged.

Over the past five years the 122 million-pound fund has fallen 12.2 percent, while the average peer fund is down 4.3 percent and the FTSE All-Share index has risen 2.4 percent.

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Jupiter Asset Mgt CEO Bonham Carter gives up fund

Monday, March 2, 2009 : Permalink

Forbes – Edward Bonham Carter, chief executive of Jupiter Asset Management, is to stop running his Undervalued Assets fund after threatening last year to hand over the role if performance did not improve.

New hire Patrick Harrington, who joined Jupiter last week, will take over management of the fund at the end of the month, Jupiter said in a note on Monday.

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