Jupiter's Lawery to retire from Merlin team at end of 2014

Jupiter Asset Management's Peter Lawery, a key part of the group's Merlin multi-manager team headed by John Chatfeild-Roberts (pictured), is to retire at the end of the year.

Lawery, who has worked at Jupiter for the past 13 years, runs the Merlin fund range alongside Chatfeild-Roberts and Algy Smith-Maxwell. He will stay on at Jupiter in a consultant role once he retires from fund management at the end of 2014. The most popular multi-manager range in the retail funds industry, the five-strong Merlin range has assets of £9bn, encompassing the £4.7bn Merlin Income fund, the £1.9bn Growth fund and the £1.6bn Balanced fund. Lawery has worked with Chatfeild-Roberts and Smith-Maxwell for the past 17 years, the trio having begun together at Lazard before movi...