Key Jupiter managers set for £140m windfall

clock

Jupiter's six most senior fund managers are set to own a stake worth about £140m following the asset manager's IPO.

Anthony Nutt, Philip Gibbs, Alex Darwall, John Chatfeild-Roberts, Ian McVeigh and CEO Edward Bonham Carter hold the largest individual stakes in the group, currently owning more than 31% of the company. Initial share sales could reap the managers between £43.5m and £79.2m. Assuming a 180p per-share mid-point of the global offer, the managers' stake will drop to 17.63%. Nutt, the Jupiter Income fund manager, will hold the largest stake at 4.9% - worth nearly £39m at the mid-point price. Financials manager Gibbs will hold a £27.2m position, while Bonham Carter's stake will be worth almo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Watch Professional Adviser's Working Lunch with Schroders - Beyond the Pulse: Essential insights for financial advisers in 2025

Catch up on the discussion

Professional Adviser
clock 10 July 2025 • 1 min read
Investors 'do not understand' implications of private markets investing

Investors 'do not understand' implications of private markets investing

House of Lords Financial Services Regulation Committee looked at the issues

Linus Uhlig
clock 09 July 2025 • 1 min read
NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read