Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Jupiter AM confirms launch date of Pidcock's new fund

Jupiter AM confirms launch date of Pidcock's new fund

UK asset manager Jupiter has confirmed it will launch its new Asian Income fund for recent recruit Jason Pidcock in February 2016, the company had announced.

Pidcock formally joined the group this month after having stepped down from Newton Investment Management in the spring. He was brought on board to develop an Asian income fund.

During his 11-year tenure with Newton, Pidcock, who is also a former Citywire Global Star Manager subject, had overseen the Newton Asian Income fund.

It was taken on by Robert Marshall-Lee following his exit and assets in the blockbuster fund currently sit at £2.3 billion (€3.27 billion), which is a decrease from the £4.4 billion (€6.17 billion) at the time of Pidcock's departure.

The new strategy, which is called the Jupiter Asian Income fund, will invest across the Asia Pacific region ex Japan, investing primarily in developed markets including Australia, New Zealand and Singapore.

The company also said the fund seeks to deliver income and long-term growth having a bias toward large caps in the region.

Commenting on the fund launch and his new role, Pidcock said: ‘Managers at Jupiter seemed to be given a unique freedom and independence to shape their own portfolios and this is something I will appreciate as I build my strategy.’

‘The fall in markets over the past six months has thrown up a lot of exciting opportunities, and I’m champing at the bit to get started.’

Prior to joining Newton in 2004, Pidcock was responsible for stock selection and asset allocation in the Asia ex-Japan region for BP Investment Management having previously worked at Henderson Asset Management for more than two years as an assistant fund manager.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire DACH 2016

    Citywire DACH 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Berlin 2016

    Citywire Berlin 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Switzerland 2016

    Citywire Switzerland 2016

  • Citywire Thailand 2016

    Citywire Thailand 2016

  • Citywire Paris Alt Ucits 2016

    Citywire Paris Alt Ucits 2016

  • Citywire Deutschland 2016

    Citywire Deutschland 2016

  • Citywire Amsterdam 2016

    Citywire Amsterdam 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Latin America 2016

    Citywire Latin America 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Munich 2016

    Citywire Munich 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016

  • Citywire Paris 2015

    Citywire Paris 2015

  • Citywire Paris 2015

    Citywire Paris 2015

  • Citywire Global New Ideas 2015

    Citywire Global New Ideas 2015