Jupiter is pleased to further strengthen its global institutional presence with the appointment of Rachel Perini as Head of Institutional – UK.

Since the restructuring of its Institutional business last year, Jupiter has made strong progress towards its strategic goals including several prominent new mandates, bringing Jupiter’s market-leading investment capabilities to a growing number of institutional investors globally.

Expanded global team

Rachel’s appointment underlines the company’s commitment to focus and build on its client base in this important segment of the market. Her arrival at the company further bolsters Jupiter’s growing Global Institutional team, following the appointments of Adam Phua, Head of Institutional, Asia Pacific, Taylor Carrington, Head of Distribution, US, and David Schrock, Head of Institutional, US, all within the last year.

Reporting to Warren Tonkinson, Deputy Global Head of Distribution, and working alongside Tom Gardner, Head of Global Consultants, as part of Jupiter’s Global Institutional team, Rachel will be responsible for growing Jupiter’s institutional business in the UK.

Prior to joining Jupiter, Rachel spent nearly seven years on the UK Institutional Client Coverage team at UBS Asset Management, managing UK strategic clients including pension schemes, insurance companies, and fiduciary managers, representing £4.2 billion in assets under management. Before working with UBS, Rachel spent five years at BlackRock and seven with SEI Investments, a leading fiduciary manager with £100bn under management. In 2020, she was a finalist for Fund Salesperson of the Year at the Investment Week Women in Investment Awards.

Andrew Formica, CEO, commented: “The growth of our institutional business is a core strategic priority for Jupiter, and an area in which we have already made significant progress. With a strong global team now in place, and our relationships with global and regional consultants growing and deepening, we have a robust foundation from which to drive our institutional growth objectives, working hand-in-hand with our clients to provide the best investment solutions to fit their specific needs.”

Rachel Perini added: “Jupiter is a highly-respected and well-established brand within the investment management industry. With a broad range of specialist, active, high conviction funds on offer and a heritage and culture in sustainability, I believe we can help institutional investors solve for their requirements. I am excited to have the opportunity to both lead and contribute to the strong growth of the business and am looking forward to working with my colleagues as we continue to introduce our best-in-class strategies to the institutional market here in the UK and across Jupiter’s international markets.”

For further information, please contact:

Despina Constantinides

Head of Communications

+44 (0)20 3817 1278 / +44 (0)7801 337 677

[email protected]

Mark Cotton
Senior Corporate Communications Manager
+44 (0)20 3817 1282

[email protected]

Emily Paul

Media Relations Manager

+44 (0)20 3817 1495

[email protected]

Lottie Pearson

Corporate Communications Assistant

+44 (0)20 3817 1503

[email protected]

Notes to Editors

About Jupiter:

Jupiter is a specialist, high conviction, active asset manager committed to making a positive difference for our clients by helping them achieve their long-term investment objectives. From the origins in 1985, Jupiter now offers a range of actively managed strategies available to UK and international clients including equities, fixed income, multi-asset and alternatives. Jupiter is a constituent member of the FTSE 250 Index and has assets under management of £60.7bn /$81.8bn /€70.7bn as at 30/09/2021.


Independence of thought and individual accountability define Jupiter. The fund managers follow their convictions and seek those investment opportunities that they believe will ensure the best outcome for Jupiter’s clients. They do this through fundamental analysis and research, a clear investment process and risk management framework, with a focus on good stewardship.


Jupiter believes that asset managers have a critical leadership role to play in helping to resolve some of the greatest challenges facing the world. In this spirit, Jupiter is proud of the long-established credentials in the fields of ESG and sustainable investment, and the ongoing commitment to specialism and innovation in these areas. Jupiter is a constituent member of the FTSE4Good Index, and a signatory on a number of key initiatives such as the UN Principles for Responsible Investment.


Jupiter’s values and responsible business practices are aligned with the principles of the UN Global Compact and the 2020 UK Stewardship Code. Having engaged with the Financial Reporting Council (FRC) on the implementation of the 2020 UK Stewardship Code, Jupiter supports this reinvigorated framework and has undertaken further investor outreach with the FRC and the Investment Association (IA). Furthermore, Jupiter obtained the A+ score for strategy and governance in the latest assessment of activities under the Principles for Responsible Investment (PRI) and also maintained the ‘A’ status under the PRI principles for our equities strategies and improved our ranking to an ‘A’ in fixed income. Jupiter is a member of the Investor Forum (IF), the UK body which helps facilitate collective engagement with companies, with Jupiter’s Edward Bonham Carter on the Board of Directors. Jupiter Chief Executive Andrew Formica is a Board member of the IA and a member of the UK Government’s Asset Management Taskforce, which represents the interests of our industry in key decision-making forums.

Important Information:

The information contained in this press release is intended solely for members of the media and should not be relied upon by private investors or any other persons to make financial decisions.


This communication, including any data and views in it, is not a financial promotion as defined in MiFID II. It does not constitute an invitation to invest or investment advice in any way. Every effort is made to ensure the accuracy of any information provided but no assurances 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.
The views expressed are those of the Fund Manager at the time of writing, are not necessarily those of Jupiter as a whole and may be subject to change. This is particularly true during periods of rapidly changing market circumstances.

Issued in the UK by Jupiter Asset Management Limited, registered address: The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ is authorised and regulated by the Financial Conduct Authority. Issued in the EU by Jupiter Asset Management International S.A. registered address: 5, Rue Heienhaff, Senningerberg L-1736, Luxembourg which is authorised and regulated by the Commission de Surveillance du Secteur Financier.