Shares in Jupiter Fund Management spiked up by as much as 5% this morning, making the firm one of the strongest risers in the FTSE All-Share, after it announced a higher-than-expected hike in its dividend – allowing its departing CEO to go out with a bang.

Jupiter reported 2013 pre-tax profits of £114 million this morning, a 55% rise on £74 million during 2012. Edward Bonham Carter, the outgoing chief executive, said: "We have had a good year."