Jupiter Fund Management to acquire CCLA Investment Management for £100m.

Jupiter Fund Management, a UK fund management group, agreed to acquire CCLA Investment Management, an asset manager focused on serving non-profit organisations, for £100m. "We are delighted to be becoming part of Jupiter, a leading active asset manager, with strong roots in responsible investment and a shared investment culture and client-centric approach. Through this partnership, our clients will continue to receive the same market-leading client service and relentless focus on strong, sustainable investment returns. At the same time, we will now benefit from Jupiter's technology and operational infrastructure, its broad range of investment capabilities and extensive global distribution footprint. We are grateful for the trust placed in us by our clients over the last six decades and I, along with my senior management team, now look forward with renewed confidence to what can be achieved in the years to come," Peter Hugh Smith, CCLA Chief Executive.