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Jupiter Fund Management plc announces Board change

Jupiter Fund Management plc announces the appointment of Karl Sternberg as an independent Non-Executive Director with immediate effect. 

Karl will be appointed as a member of the Audit and Risk Committee.

Karl brings some 30 years' experience in the investment industry to Jupiter, gained through both executive and non-executive roles. He was a founding partner of institutional asset manager Oxford Investment Partners, which was bought by Towers Watson in 2013, and prior to that, held a number of positions at Morgan Grenfell/Deutsche Asset Management between 1992 and 2004 including Chief Investment Officer for London, Australia, Europe and the Asia Pacific.

Since 2006 he has developed his non-executive career, with a focus on investment management and the investment trust sector in particular.

Liz Airey, Chairman of Jupiter Fund Management plc, said: "Karl has developed a wealth of experience in the asset management industry over his career, both at an executive and non-executive level, which dovetails well with the existing expertise on Jupiter's Board. We are delighted to welcome him to Jupiter."

Karl Sternberg said "Jupiter is a high quality asset manager with a strong culture, brand and focus on investment outperformance. It has great potential for future growth and I am very much looking forward to working with the Board as the Company extends its reach further in the coming years."

Important information:
This is for informational purposes only and is not investment advice. The views expressed are those of the author at the time of writing and are not necessarily those of Jupiter as a whole and may change in the future. Every effort is made to ensure the accuracy of the information but no assurance or warranties are given. Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested. Issued by Jupiter Asset Management Limited which is authorised and regulated by the Financial Conduct Authority for UK investment business. No part of this may be reproduced in any manner without the prior permission of Jupiter Asset Management Limited.

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Jupiter Asset Management Limited (JAM), Jupiter Unit Trust Managers Limited (JUTM), Jupiter Fund Management plc (JFM) and Jupiter Investment Management Group Limited (JIMG) are registered in England and Wales (nos 2036243, 2009040, 6150195 and 792030). The registered address of JAM, JUTM, JFM and JIMG is The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ. JUTM and JAM are authorised and regulated by the Financial Conduct Authority under the references 122488 (JUTM) and 141274 (JAM). See the Financial Services Register for more details. For company contact details click the link at the top of the page. Full legal information can be viewed by clicking the link above.