Commerzbank to offer equity to Jupiter team

Owner Commerzbank aims to retain leading fund managers at Jupiter Asset Management by offering them fresh equity incentives, following the departure of founder John Duffield.

'We offer such arrangements at our other fund management divisions, and believe that this system works well to incentivise people,' said a spokesperson at Commerzbank.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions