OBSR suspends Jupiter fund rating

Old Broad Street Research (OBSR) has suspended the Jupiter Global Managed fund ’A’ rating after it announced that John Chatfeild-Roberts would step down as lead manager.

Simon Somerville
Simon Somerville

The asset manager has revealed that Simon Somerville will take over as lead manager of the fund with Chatfeild-Roberts becoming deputy manager.

The ratings agency says: “Mr Somerville, is a well regarded Japanese equity manager and has been the deputy manager of the Jupiter Global Managed fund since September 2010.

“We will look to meet with Mr Somerville over the coming months with a view to monitoring the change in the management.”

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