Jupiter persuades Sheehan to leave Dresdner

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Jupiter has made another tactical move and persuaded Paul Sheehan to leave Dresdner in favour of ...

Jupiter has made another tactical move and persuaded Paul Sheehan to leave Dresdner in favour of the index-tracking firm. Sheehan, who managed Dresdner's Equity income fund, has a strong record of producing consistent above-sector average returns, according to IFA firm Torquil Clark. Sheehan's departure is being touted as a positive step for Jupiter, and one which would go down well with the IFA sector, particularly as Jupiter has lost several high-profile fund managers over recent months. That said, IFAs say this is quite a blow for Dresdner, who has also lost several fund manager...

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