Gibbs attacks former employer Jupiter in AGM outburst

clock

Ex-Jupiter manager Philip Gibbs has criticised his former employer in a public outburst at the company's annual general meeting, according to reports.

Gibbs (pictured), who ran the group's Absolute Return fund prior to his retirement last year, criticised the firm for the way he was treated during a period of underperformance. The manager said he was told by CIO John Chatfeild-Roberts that he was "lucky to have a job at Jupiter", leaving him "depressed" and barely able to "bring myself to go into Jupiter's offices", the FT reports. Gibbs subsequently told Investment Week that Chatfield-Roberts failed to take into account the "massive outperformance" of his Financial Opportunities fund, which returned nearly 800% during his tenure be...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Video:  UK will remain between a 'rock and a hard place' in 2025

Partner Video: UK will remain between a 'rock and a hard place' in 2025

Insight from Investment, Talks Outlook 2025

Hardeep Tawakley
clock 24 January 2025 • 1 min read
Stories of the week: Reeves to meet financial services leaders; cracks appear in UK labour market

Stories of the week: Reeves to meet financial services leaders; cracks appear in UK labour market

Rachel Reeves, UK labour market, and Saba: The biggest stories from the world of investment and asset management this week

clock 24 January 2025 • 1 min read
Dimensional's David Jones: Embracing fears can lead to better financial decisions

Dimensional's David Jones: Embracing fears can lead to better financial decisions

Impulsive decisions have drawbacks

David Jones
clock 23 January 2025 • 3 min read
Trustpilot