Classy actor Edward Bonham Carter is leaving Jupiter after nearly three decades at the fund manager
Edward Bonham Carter is leaving Jupiter after nearly three decades with the fund manager.
Bonham Carter – brother of actress Helena and one of the most recognized faces in the City – joined Jupiter in 1994 as a fund manager before becoming chief executive in 2000.
He led the firm through its transition from boutique fund manager to established player, orchestrating its management buyout in 2007 and listing on the London Stock Exchange in 2010.
Resignation: Edward Bonham Carter (pictured with his sister Helena) joined Jupiter in 1994 as fund manager before becoming chief executive in 2000
From a family that also includes former Prime Minister HH Asquith, Bonham Carter started as an administrative assistant at Schroders in 1982. He stepped back as Jupiter chief in 2013 but remained on the board. until 2021.
He still owns almost 2% of the business, a stake worth £11million.
He now wants to devote more time to his non-executive work, including roles at Land Securities Group, ITV and The Investor Forum.
Highlighting what sets Jupiter apart, he highlighted its “dedication to active investment management, which still has a key role to play in the investment industry.”
New chief executive Matthew Beesley has reduced headcount and fund range. Jupiter has seen years of exits, and its shares are down about 80% since peaking in early 2018.
The stock rose 2.99% yesterday.
