Funds News 

First manager change announced as Jupiter acquires Merian

First manager change announced as Jupiter acquires Merian

Jupiter Fund Management (JUP) is to buy Merian Global Investors to “reinforce [its] core UK franchise and extend capabilities into attractive product gaps”, as well as reduce costs. Jupiter will pay an upfront sum of £370m and may pay some of Merian's shareholders, in aggregate, a further £20m if certain targets are met.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now