Jupiter adds co-managers to Distribution fund

Jupiter has promoted Alastair Gunn and Rhys Petheram to become co-managers of its £269m Distribution fund, working alongside Anthony Nutt and John Hamilton.

Gunn joined Jupiter in 2007 from Arbuthnot Securities, with the remit of working alongside Nutt, the head of equities at Jupiter. Petheram joined the group in 2006 from Moody’s and works alongside Hamilton, the head of fixed interest at Jupiter.

The Distribution fund, launched in 2002, has to have a minimum of 60% invested in fixed interest, with the remainder held in equities.