Jupiter hires new chief investment officer from Artemis

UK-based Jupiter Asset Management has appointed Matthew Beesley as its chief investment officer (CIO).

Beesley will replace Stephen Pearson, who is set to retire.

Previously, Beesley was with Artemis where he held the position of CIO since April 2020.

He is expected to assume his new role at Jupiter in January 2022, subject to regulatory approval. Beesley will also join the firm’s executive committee.

As CIO, Beesley will oversee Jupiter’s strategies across fixed income, equities and multi-asset as well as the money manager’s investment professionals.

Beesley will report to Jupiter CEO Andrew Formica and work closely with Pearson initially to ensure a smooth transition.

Formica said: “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.”

Beesley has around 25 years of experience in the investment space.

Commenting on his new role, Beesley said: “I am 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.”