Jupiter is pleased to announce that it will take a minority stake in US-based investment firm NZS Capital and enter into a strategic partnership with the company in Q1 2020 1. NZS Capital was co-founded by fund managers Brad Slingerlend and Brinton Johns who worked together for 14 years at Janus Capital prior to setting up on their own. They both have long and successful track records of managing global equities portfolios on behalf of institutional and retail investors.
As part of this partnership, Jupiter will be the exclusive distributor of NZS’s global growth unconstrained-styled investment portfolios. This includes launching Jupiter-branded mutual funds based on these strategies in the future. Initially, the priority will be to target institutional investors, including those in the US where Jupiter will begin to have dedicated sales resource for the first time.
Brad and Brinton are talented fund managers whose approach is aligned with Jupiter’s culture and focus on high conviction, active fund management centred around client outcomes. They employ an investment style based on the idea of ‘Complexity Investing 2,which focuses on actively selecting business models that will be able to successfully navigate long-term disruptive forces to the global economy. As the pace of change continues to accelerate, the team’s portfolios are designed to capture the growth of innovation while avoiding the risk of disruption.
The NZS approach goes beyond ESG by considering a broader definition of fiduciary duty that delivers non-zero-sum or win-win outcomes taking into account customers, employees, the planet and society, in addition to shareholders.
Andrew Formica, CEO, Jupiter commented:
“This is a really exciting opportunity for us to partner with a promising business from the very outset.
“Brad and Brinton are talented fund managers with a carefully-constructed process that has the potential to deliver long-term returns. They redefine the conventional approach to evaluating companies and instead focus on their ability to innovate and adapt in the digital age.
“Our early conversations with clients suggest that this approach to investing in global growth companies will be of great interest. It also marks our first step into the US, a large and sophisticated market which presents an attractive growth option not just for NZS strategies but equally for Jupiter’s existing capabilities.”
Brad Slingerlend, co-founder NZS Capital, commented:
“Technology is increasingly impacting every sector around the world. It’s more important than ever to invest with an eye to the future and an active view of the evolving global economy. Jupiter stands out for its dedication to active management to meet the needs of their clients making it a perfect partner for NZS Capital.”
1 Subject to the satisfaction of certain conditions precedent
2 NZS Capital’s whitepaper on Complexity Investing can be downloaded here
Notes to editors:
Brad Slingerlend, NZS Capital, LLC
Brad is a co-founder and investor at NZS Capital, LLC. Previously Brad was the portfolio manager of the Janus Henderson Global Technology products (ticker: JAGTX) from May 2011 to November 2018. Prior to that he held various roles as an analyst, sector team leader, and portfolio manager at Janus Capital for most of the period starting as a summer intern in 1998 up until the end of 2018. Brad is a CFA® charterholder.
Brinton Johns, NZS Capital, LLC
Brinton is a co-founder and investor at NZS Capital, LLC. Brinton started in the investment industry at Janus Capital in 2000 in retail client support before becoming a research associate in 2003. Brinton became the leader of the global technology sector team and co-portfolio manager of the Janus Global Technology products with Brad until June 2017.
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