Jupiter Fund Management (LSE: JUP) is a UK fund management group, managing equity and bond investments for private and institutional investors. The company manages assets across a wide range of international and UK based mutual funds, multi-manager products, hedge funds, institutional mandates, and a variety of portfolios specializing in markets such as the UK, Europe, Asia and other emerging European nations, as well as specialist thematic investments such as socially responsible investments (SRI) and global financial equities
The company was established by John Duffield in 1985 and later sold to German bank Commerzbank in two tranches in 1995 and 2000. John Duffield left in 2000 after a public row with the company's new owners and set up a rival fund group, New Star Asset Management in 2001.
Since 2000, Jupiter has been headed by Edward Bonham Carter (brother of leading British actress Helena Bonham Carter).
Jupiter bought itself out from Commerzbank in a management buyout (MBO) in June 2007. Around 95% of the company's staff then became shareholders. US private equity firm TA Associates supported the MBO and held a minority stake in the business.
On 21 June 2010, Jupiter floated on the London Stock Exchange at 165p a share. Employees retained around 41% ownership of the Company on the day it listed and TA Associates reinvested in the business, taking its shareholding to around 22% on the day of admission to the London Stock Exchange.