Jupiter Fund Management has announced that its acquisition of Merian Global Investors has been completed.
The Merian business now forms part of the Jupiter Group and, from today, people from both companies will work together under the Jupiter brand.
Investors in Merian’s funds – including Merian Gold & Silver, which is on the Chelsea Selection – may continue to receive Merian-branded communications until later this year.
A spokesperson from Jupiter commented: “Jupiter has always prided itself on the breadth and depth of expertise and products we are able to offer clients, and the acquisition of the Merian business significantly enhances our investment capabilities, creating a strong, well-diversified line-up of active, high-conviction and high-performing investment strategies. We are delighted to welcome highly regarded investment professionals to our established team, cementing Jupiter’s position as an attractive home for leading fund management talent.”