Jupiter financials manager Mumby retires

Jupiter financials manager Mumby retires

Jupiter Asset Management’s Robert Mumby has retired, handing over his funds to Guy de Blonay.

Mr Mumby left Jupiter on December 31 after nine years at the firm, retiring after a career in financial services that spanned 35 years.

Mr de Blonay has taken on the management of Mr Mumby’s £41m Jupiter International Financials fund and the €61m (£47.7m) Jupiter Global Financials Luxembourg-domiciled Sicav.

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He had previously been deputy manager on both funds, as well as lead manager on the £462.3m Jupiter Financial Opportunities fund.

During his tenure on the Jupiter International Financials fund, which he took over in November 2011, Mr Mumby delivered a return of 50.2 per cent, while Mr de Blonay made 43.9 per cent on his Financial Opportunities fund in the same period, according to FE Analytics.