Jupiter is pleased to announce the appointment of Matthew Beesley as Chief Investment Officer (CIO)*, succeeding Stephen Pearson who is retiring following a 35-year career in the industry including nearly two decades at Jupiter. Matt will join the company in January 2022 and will initially work closely with Stephen to ensure a seamless handover.
In the CIO role, Matt will have overall responsibility for the management of all of Jupiter’s investment professionals and strategies across equities, fixed income and multi-asset. Supported by Jupiter’s eight- strong CIO office, he will also have oversight of the associated functions that form the backbone of the company’s investment process, including its dedicated stewardship, data science, dealing and performance analysis teams. Matt will report to CEO Andrew Formica and join the Executive Committee.
Andrew Formica, Chief Executive Officer at Jupiter, commented: “The role of CIO is crucially important to the delivery of our strategic objectives through the guardianship of our dynamic, actively-driven investment culture at Jupiter. The fact that we have attracted a high calibre individual such as Matt is a testament to our talented fund management team and the enduring appeal of the Jupiter brand to an increasingly diverse global client base. Matt shares our commitment to actively-driven returns and has a well-deserved reputation for being an effective and inspiring leader. We are confident that, under Matt’s leadership, we will continue to deliver the strong investment results for our clients that is a hallmark of Jupiter.”
With nearly 25 years of experience in the investment industry, Matt joins Jupiter from Artemis, where he has been CIO since April 2020. Prior to this, Matt was Head of Investments at GAM Investments from 2017 to 2020, where he was responsible for the management and oversight of its investment strategies managed by teams based in Europe, Asia and the US. Prior to this, Matt was Head of Global Equities at Henderson, responsible for a team managing significant assets in global, international (World ex US) and Global Socially Responsible investment strategies. Matt is a member of the Church of England Pension Board’s Investment Committee, advising on $4bn of ethically invested pension fund assets.
Matt Beesley commented: “I’m excited to take up the mantle from Stephen as the business develops, grows and adapts, to ensure we continue to meet clients’ needs and deliver the superior investment performance that Jupiter is known for.”
Andrew Formica continued: “I look forward to welcoming Matt as he joins to take us through the next stage of our development. At the same time, I would also like to pay tribute to Stephen Pearson, whose strong leadership, clear vision and relentless commitment to clients has seen our fund management team go from strength to strength. We wish him all the best for the future following a long and successful career in fund management.”
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