Jupiter Asset Management has hired Talib Sheikh from JP Morgan Asset Management (JPMAM) to serve as its new head of multi-asset strategy.
Sheikh will assume the new responsibility in June 2018 and will report to the firm’s CIO, Stephen Pearson.
He will be responsible for developing Jupiter’s multi-asset business, working closely with the firm’s multi-asset team and 74-member active fund management team.
Sheikh spent around two decades at JPMAM, playing an integral role in building the firm’s multi-asset solutions teams. He also managed the JP Morgan Global Income fund and the JP Morgan Macro Opportunities fund.
Jupiter head of investments of fixed income and multi-asset Katharine Dryer said: “Demonstrated over time and in a variety of market environments, Talib offers a powerful combination of active asset allocation and portfolio construction skills.
“Working closely with our existing team of specialists, his proven track record and broad product experience should enable us to equip our clients to meet their diverse investment goals in changing markets.”
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By GlobalData