Jupiter's Philip Gibbs it to hand over his £536m Absolute Return fund to recent hire James Clunie in September, ahead of his retirement in 2014.
Gibbs (pictured), who joined Jupiter in 1997, has already handed over his Financials fund, and now runs just the Absolute Return unit trust and the Jupiter Second Split trust. He will continue to run the split-cap trust until it winds up in October 2014, at which point he will retire from the industry.
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
