Stephen Pearson as been named as Jupiter Asset Management's new chief investment officer.
Pearson joined Jupiter as a European equities fund manager in 2001, was appointed by John Chatfeild-Roberts to be deputy CIO in July 2012 and promoted to Head of Investments a year later, giving up running money to take on the day-to day-running of the investment floor.
Pearson now takes over from Chatfeild-Roberts, who has chosen to focus on the Jupiter Merlin multi-manager portfolios (the largest of Jupiter’s investment strategies with assets of over £8 billion). Chatfeild-Roberts will remain a director of Jupiter Fund Management plc; Pearson takes on his position as CIO on Jupiter’s Executive Committee.
Chatfeild-Roberts said: “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.”