Jupiter has announced the promotion of Stephen Pearson (pictured) to the position of CIO, taking over from current CIO John Chatfeild-Roberts.
Pearson was appointed deputy CIO by Chatfeild-Roberts in July 2012 and was promoted to head of Investments a year later.
Chatfeild-Roberts, who has chosen to focus on the Jupiter Merlin multi-manager portfolios. With assets of over £8bn, they are the largest of Jupiter’s investment strategies.
John Chatfeild-Roberts comments on Pearson’s appointment: “Jupiter has grown substantially and the assets managed by the Jupiter Merlin team have doubled since I became CIO in 2010. I have encouraged Stephen to take the lead on managing the investment team so it is a natural evolution for him to take on the role. As a result, I can devote my time to the job I enjoy the most: investing the Jupiter Merlin portfolios.”
Stephen Pearson adds: “We have grown our fund management resources significantly in recent years both internally and by recruiting external talent. I am excited about taking the team forward to ensure we deliver both attractive products and strong performance over the long term for our clients.”