Jupiter recruits Pidcock to build Asian Income strategy
Jupiter has announced that Asian Income fund manager Jason Pidcock is to join the company later in the year.
Pidcock has worked at Newton Investment Management for the management of income-orientated assets in Asian markets and, in particular on the £4.4bn Newton Asian Income Fund, which he has managed since its launch in 2005.
Before joining Newton in 2004, he was responsible for stock selection and asset allocation in the Asia ex-Japan region for the BP Pension Fund. Prior to that he worked at Henderson Asset Management for more than two years as an assistant fund manager.
At Jupiter, Pidcock will help build an Asian Income strategy. This income-based, larger capitalisation investment strategy will complement the more growth-orientated and multi-cap strategies currently available from Jupiter’s emerging market product range, such as the recently-launched Jupiter Unconstrained Global Emerging Markets Sicav managed by Ross Teverson.
Stephen Pearson, head of Investments at Jupiter, said: “We have been working to develop our expertise in emerging markets for some time, most notably through the recent recruitment of Ross Teverson as Head of Strategy, Global Emerging Markets. Jason’s focus on a combination of income and growth, typically found among large capitalisation stocks across the Asia Pacific region will add a new dimension to our offering, dovetailing with our existing strategies and giving us the ability to provide clients with a broader range of products to suit their investment objectives. We are delighted he will be joining Jupiter.”
Jason Pidcock said: “Jupiter is respected by investors and peers for its strong focus on delivering value. The dividend culture is becoming well established across Asia Pacific and a Jupiter fund offering attractive total returns over the long term should be an appealing proposition for clients. I very much look forward to working with the team to help build this new strategy.”