Stephen Mitchell, who joins from Caledonia Investments, will take on the newly created position in the new year to help the UK-headquartered asset management firm grow its international equities offering.
He will be tasked with developing Jupiter’s global equity business for both institutional and retail investors in the UK and international markets.
Mitchell has held senior fund management roles at both Fleming & Co and JP Morgan Asset Management prior to working as an associate director at Caledonia Investments.
While at Caledonia, he managed a global income and growth portion of an investment trust which returned 8.3%, ahead of a 7.9% return for its benchmark.
Head of investment at Jupiter, Stephen Pearson, said: “Global equities represent a strategically important asset class for Jupiter in the near term.
“With Stephen’s hire we will bring together our global equity capability under a single head to coordinate our efforts. This will enable us to broaden and strengthen our product range in the future.”
