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Jupiter Duo Extend Partnership

Stephen Little

20 December 2013

UK-listed Jupiter's Rhys Petheram has teamed up with Alastair Gunn on the Jupiter High Income Fund.

managers Rhys Petheram and Alastair Gunn, co-managers of the Jupiter Distribution Fund, are set to extend their current partnership when Petheram takes on responsibility for the fixed income portion of the £542 million ($885 million) Jupiter High Income Fund from Ariel Bezalel from 1 January 2014, Jupiter said in a statement.

Gunn has been manager of the Jupiter High Income Fund since July 2013. Petheram will also take over the fixed income portion of the Jupiter Monthly Income Fund from Ariel Bezalel from January, with Jupiter’s Richard Curling continuing to manage the equity portion of the Fund. No changes to the investment process are planned.  

Earlier this month, Jupiter Fund Management appointed Maarten Slendebroek as group chief executive, taking over from Edward Bonham Carter, effective 17 March 2014.

Bonham Carter will remain on the board and take on a new executive role as vice chairman, reporting to Slendebroek.