London-headquartered investment advisory business Bestinvest has removed Jupiter International Financials fund from its premier selection, FundWeb reports. The move follows news of the fund’s manager Philip Gibbs leaving his post. Gibbs was managing the fund from launch since 2009. Jupiter has appointed Robert Mumby, lead manager on the Global Financials Sicav since August 2010, as the new manager of the fund. Bestinvest has suspended the fund’s rating and will reconsider it after finishing due diligence on the new manager.
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