Nutt hands over Jupiter Distribution after decade at helm

Anthony Nutt and John Hamilton are to step down as co-managers of the £250m Jupiter Distribution fund after a decade of service as the group promotes two rising stars.

Alastair Gunn and Rhys Petheram will take over as lead managers of the fund’s equity and bond portfolios respectively, with Nutt and Hamilton as deputies. Head of UK equities Nutt and head of fixed interest Hamilton have managed the fund since its launch in March 2002, joining Gunn and Petheram as co-managers in July 2010. Gunn joined Jupiter in 2007, having previously been director of equity research at Arbuthnot Securities, while Petheram came from Moody’s, where he was a credit analyst, in 2006. Nutt will continue to manage Jupiter’s £2.1bn Income trust, the £529m High Income fund...