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Jupiter Asset Management Sees Income Fund Manager Depart
Wendy Spires
23 June 2011
Jupiter Asset Management is to see the departure of Malcolm Millar, manager of its European Income Fund, within the next month. Taking over the fund will be Cedric de Fonclare, manager of the firm’s Special Situations Portfolio, who will continue in this capacity. Millar first joined Jupiter in 2002, managing pan-European funds since May 2003. Millar also co-manages Jupiter’s Global Equities SICAV with Ben Surtees and the latter will continue to run this vehicle. Jupiter had not responded to enquiries from WealthBriefing on the matter at the time of publication.