Jupiter Asset Management has appointed Mark Richards as a Strategist in its growing Multi-Asset team, reporting to Head of Strategy, Multi-Asset, Talib Sheikh.
Richards has sixteen years of experience covering economics and financial markets, most of which as he has spent as an equity strategist. He will work closely with Talib and the Multi-Asset team with a particular focus on the Jupiter Flexible Income fund, which launched in September 2018. The role of Strategist is a new addition for Jupiter and will give Richards the flexibility to draw on the breadth of equity and macro expertise across the company’s investment teams. His focus will be to identify key market themes and formulate how best to express them across Jupiter’s Multi-Asset portfolios.
Richards joins Jupiter from JPMorgan where he spent three years as a Multi-Asset Strategist, having previously held similar positions at PIMCO and Credit Suisse.
Further to Richards’ appointment, Joseph Chapman has been promoted to Assistant Fund Manager within the Multi-Asset team. Joseph joined Jupiter in 2010 and was previously a Quantitative Analyst covering global convertibles and multi-asset strategies.
Talib Sheikh, Head of Strategy, Multi-Asset, says: “I am delighted that Mark has decided to join Jupiter. His equities experience will perfectly complement the team’s existing expertise, sitting comfortably alongside fixed income and convertible bond specialists Rhys Petheram and Lee Manzi.”
“Since starting at the company last year I have been consistently impressed by the positive and high calibre engagement I have experienced from asset class specialists across the range of Jupiter’s investment capabilities – a quality vital to building and fostering a successful multi-asset strategy. Mark’s appointment and Joseph’s promotion will provide valuable support as we continue to build out the strategy.”
Stephen Pearson, CIO, says: “We have been greatly encouraged by Talib and his team’s strong start and the early traction we have seen with clients. We are pleased to have attracted someone of Mark’s calibre to the company.”
“As well as recruiting new talent we also pride ourselves on our ability to nurture internal talent by developing fund managers from within our existing investment team. Joseph has proved himself as a talented analyst and we are delighted to have the opportunity to extend his role to Assistant Fund Manager. Looking forward, I am confident that the team is well positioned as we work together to deliver for our clients.”
