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Jupiter hires Mumby as new assistant fund manager

Jupiter Asset Management has appointed Robert Mumby as assistant fund manager, effective from January.

Mumby joins from Canaccord Capital and will assist Philip Gibbs in managing the 680m Jupiter Financial Opportunties unit trust, which launched in June 1997.

He will also offer support by analysing financial stocks for Gibbs other mandates, having worked in stock market analysis for over 11 years, including time at HSBC, BZW, CSFB.

Mumby says: Philip and I have worked together as analysts in the past and I am relishing the opportunity to work with him once again. Jupiter has a tremendous reputation as a fund manager and I am looking forward to using the knowledge I have acquired over the past 11 years to help build on that record.


Deadlock on council pensions

Talks have stalled between Deputy Prime Minister John Prescott and council workers over future pension rights. These workers fall outside the deal brokered between public sector unions and Trade and Industry Secretary Alan Johnson last month and council workers want a similar deal.

Letting agents exaggerate rental returns by up to 25 per cent

Letting agents in some regions of the UK are overstating rental returns by up to 25 per cent according to buy to let broker Landlord Mortgages.The broker advises prospective landlords to thoroughly research properties before making any purchasing decisions.London agents inflated rental returns by up to 25 percent followed by Birmingham agents who increased rental […]

Alexander Hall in single-tie GI deal with Halifax

Alexander Hall is cutting its link with independent insurance broker Heath Lambert and moving to a single-tie general insurance arrangement with Halifax. The mortgage broker says Heath Lambert has been unable to match the GI rates offered by Halifax, particularly for clients in the South-east and London. Alexander Hall says Heath Lambert’s panel struggled to […]


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