Jupiter Asset Management's Ben Whitmore has replaced Neil Woodford as manager of the Omnis Income & Growth fund.
Woodford was sacked from the running of the £317m fund days after his LF Woodford Equity Income fund was suspended earlier in June. Omnis said it had started the selection process for a new manager in May and finally plumped for Jupiter, which already manages its Emerging Market and European Equity funds. Mike Morrow, wealth and platform director at Openwork, Omnis's parent company, said: "We have the utmost confidence in the Omnis Income & Growth fund's value-driven mandate and in Jupiter's ability to manage the portfolio in the best interests of clients." Whitmore joined in 2006 ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes