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Evening Standard
Evening Standard
Business
Simon English

Uphill task for new Jupiter chief as funds wobble and profits crash

Jupiter

The extent of the task facing new Jupiter chief Matthew Beesley was made plain today when he reported a crash in assets and profits.

Beesley has been CEO of the storied fund management group since last October and has to battle some troubling performance stats and wider scepticism that active fund management can add value to investors.

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