Richard Buxton has been named as new lead manager of the Jupiter UK Growth investment trust, replacing under-fire Steve Davies.
Buxton will be assisted on the £47.5m offering by Errol Francis and Ed Meier, who both co-manage the Merian UK Alpha fund with the firm's former CEO. The move comes a day after it was announced Jupiter Fund Management would acquire Merian Global Investors for £390m. Buxton will take over the trust once the decision has gained shareholder approval at the end of April. Jupiter and Merian deal reaction: 'Lower product overlap than might be anticipated' Buxton said he and his team were "delighted to be appointed" as manager of the trust. "We look forward to working with the Board and t...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
