New Star Takes Over Fund From Old Star At Jupiter

Nov 1 2010 | 11:28am ET

Jupiter Asset Management has handed over its Financial Opportunities fund to hedge fund manager Guy de Blonay, who joined the firm last year.

De Blonay has served as co-manager of the fund alongside Philip Gibbs since joining Jupiter from New Star Asset Management. Now, Gibbs will step into a supporting role at the £1 billion fund, continuing to handle its financials portfolio.

It is the second fund at Jupiter that de Blonay has taken over from Gibbs, who manages six other funds. Earlier this year, he became lead manager of the US$100 million Jupiter Hyde Park Hedge Fund, which Gibbs set up a decade ago.

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…