Head of small and mid-cap equities Dan Nickols is set to retire from Jupiter at the end of June 2024.
Nickols is also the co-manager of the Rights and Issues investment trust alongside Matt Cable, who will become lead manager of the portfolio following Nickols' departure, the trust confirmed in a stock exchange notice today (10 May). Cable's appointment will ensure "continuity of the investment services provided by Jupiter", the trust added, as he will also be supported by Tim Service, who has been promoted to head of small and mid-cap equities at Jupiter. Investors pull £1.1bn from Jupiter's value equity strategies in first quarter Andrew Hosty, chair of Rights and Issues, said: "...
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