Jupiter Expands in US Institutional Market and Globally With Key Hires
18 Agosto 2021 - 8:58AM
Business Wire
UK-based asset manager meets rising institutional demand; sees
growth in specialized active strategies
Jupiter Asset Management announced today its expanded commitment
to the US institutional market to meet rising institutional
interest in its strategies. Following a strong initial response,
the firm is growing its US effort with the hiring of David
Schrock, as head of US Institutional. Mr. Schrock will report
to head of US distribution, Taylor Carrington, who
established the Denver-based Jupiter office late in 2020.
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David Schrock, Head of US Institutional
(Photo: Business Wire)
“This is an important strategic initiative for Jupiter and we’re
making the necessary investments to be successful,” said Andrew
Formica, chief executive officer. “Jupiter’s active
alpha-centric platform meets institutional investors’ needs for
innovative strategies they can’t get anywhere else.”
Jupiter’s selective US offering is built around four high-demand
platforms: disruption and innovation, sustainable investing,
emerging economies, and lower-correlated income and alternative
strategies.
Jupiter and its partner, NZS Capital, the firm
spearheading the disruption and innovation platform, have raised
$1.2 billion of AUM since the two firms formed a strategic
partnership in 2020*. The firm also believes that its sustainable
investing platform, a focus at Jupiter since 1988, will satisfy
institutional searches and requirements for active and authentic
ESG strategies.
“We want to introduce the very best of Jupiter to our
institutional partners in the US,” said Taylor Carrington, “and we
are hiring the very best to establish strong, lasting
relationships.”
David Schrock joined Jupiter in August and has 25 years in the
industry. Most recently, he led the North American institutional
business at Janus Henderson Investors.
“Attracting the best talent has high correlation with the best
outcomes – this is true in terms of investment management as well
as distribution talent,” said Warren Tonkinson, managing
director of global distribution. “At Jupiter, we have been able to
attract and retain both.”
Jupiter’s institutional commitment is global in scope. The
UK-based manager is strengthening its outreach efforts with the
hiring of 24-year industry veteran Adam Phua, head of Asian
institutional. Most recently, Adam was managing director, head of
Asia Pacific institutional sales for Allianz Global Investors.
Jupiter will soon announce another key hire to the UK institutional
team. The firm is also strengthening the support functions required
to successfully reach and service institutional investors with key
hires in marketing and operations.
*Source: Jupiter, gross AUM as at June 30, 2021
Jupiter Rising
Interesting fact: Jupiter will be most visible in the sky on
August 19-20, 2021. That’s when earth will spin directly between
the sun and Jupiter. Always bright, investors around the world will
have the best, sun-illuminated view of Jupiter, the largest planet
in our solar system, this year.
Optimal viewing times on August 20, 2021:
US investors: 8PM EDT UK investors 00:00 GMT Hong Kong
investors: 8AM HKST
Important Information
The information contained in this press release is intended
solely for members of the media and should not be relied upon by
private investors or any other persons to make financial
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This communication, including any data and views in it, is not a
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Markets Act 2000. It does not constitute an invitation to invest or
investment advice in any way. Every effort is made to ensure the
accuracy of any information provided but no assurances or
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Market and exchange rate movements can cause the value of an
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The views expressed are those of the writing, are not
necessarily those of Jupiter as a whole and may be subject to
change. This is particularly true during periods of rapidly
changing market circumstances.
Issued by Jupiter Asset Management Limited (JAM) and/or Jupiter
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Taylor Carrington Head of US Distribution 1-303-506-2947
taylor.carrington@jupiteram.com
Despina Constantinides Head of Communications +44 (0)20
3817 1278 / +44 (0)7801 337 677
despina.constantinides@jupiteram.com
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