Jupiter's Anthony Nutt to retire in 2014

Jupiter's head of UK equities Anthony Nutt is to hand over his retail portfolios next year ahead of a move to retire from fund management in 2014, Investment Week can reveal.

Nutt (pictured), who turns 60 next year and is a significant shareholder in Jupiter, has been at the fund manager since 1996 and has run the flagship £2bn Jupiter Income trust since 2000. Preparations for his retirement will see him hand over the Jupiter Income trust to Ben Whitmore, manager of the top-performing Jupiter UK Special Situations fund, on 1 January 2013. Whitmore has a lengthy history of running income mandates for Jupiter, and his contrarian style has helped him guide the UK Special Situations fund to the top of the UK All Companies sector over one, three and five years....