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Matthew Beesley is about to take over from outgoing CEO Andrew Formica on 3 October

Asset Management Correspondent

Jupiter Fund Management shares were on track for a record low on 28 September, just days before new chief executive Matthew Beesley takes charge of the struggling FTSE 250-listed group.

Jupiter’s shares fell by more than 3.5% in morning trading to 87.92p from 91.35p. If they close at that price, it would be the firm's lowest stock price since its trading debut in June 2010.

Jupiter veers to record low just as new boss Beesley preps to take charge

David Ricketts

Jupiter Fund Management

Schroders

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The European Union still wants a deal, but with U.S. demands growing, the bloc is getting ready to push back.

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