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Jupiter appoints Matteo Perruccio to drive Italian expansion

Matteo at desk

Jupiter is pleased to announce the appointment of Matteo Perruccio as an Executive Adviser, Italy.

17 Nov 2015

Matteo, who served as a non-executive Director of [London-listed] Jupiter Fund Management plc for eight years, has been involved in the mutual fund industry in Italy for 30 years. He was responsible for launching the first foreign funds into Italy during the 1990s while working for American Express Bank and ran the Italian operations for Pioneer, the second-largest asset manager in Italy, between 2000 and 2006. Matteo also has deep experience of the alternatives sector, having worked for Olympia Capital Management and Hermes for six years. In addition to his role at Jupiter, Matteo will continue to serve as a Senior Adviser to one of Italy’s largest family wealth businesses.

In his capacity as Executive Adviser, Italy for Jupiter, Matteo will use his extensive knowledge and contacts to establish Jupiter’s business in Italy. Matteo is now actively seeking to recruit a senior individual in the funds industry to head Jupiter’s sales operation.

Maarten Slendebroek, Chief Executive Officer of Jupiter, said: “Jupiter’s international strategy is to follow our clients and base ourselves in the key markets where they do business. Italy is a critical market for us in that regard and we are delighted that someone who knows our business and the Italian market so well will be helping us achieve our ambitions there.”

Matteo said: “In the eight years I served on Jupiter’s Board, I got to know the business and its people very well. Jupiter has a culture and reputation for delivering outperformance that will resonate well with clients in Italy and I am very excited about the opportunity to help Maarten and the Board achieve a key strategic aim.”

Important information
This commentary 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 document may be reproduced in any manner without the prior permission of Jupiter Asset Management Limited.

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