New jackpot for Bonham Carter

FUND manager Edward Bonham Carter is in line for another multi-million pound payday. Bonham Carter, brother of actress Helena, is chief executive of Jupiter, the asset management firm owned by Commerzbank.

The Germans have hired investment bankers Goldman Sachs to 'review' it and are expected to put it up for sale with a price tag of £500m to £600m.

A takeover will trigger a staff buyout scheme worth up to £20m, giving Bonham Carter around £2m. He received £20m from Commerzbank when it bought 100% of Jupiter in 2000.

The staff scheme assumes that Jupiter will grow by 15% in the year of the deal - an assumption which critics said is optimistic. Jupiter last autumn reported a loss of £47m for 2000.

Commerzbank previously examined selling Jupiter in 2000, when it was valued by Donaldson Lufkin Jenrette at £2bn - four times what it is likely to fetch now.