The company, which already has a presence in Asia with an office in Singapore, has hired Maarten Slendebroek to lead its distribution internationally and in the UK. Slendebroek is due to join the company on 3 September having left BlackRock earlier this year where he had been head of retail EMEA.
Gearing towards increasing its presence in the international market, the company has recently begun preparing some of its funds for offshore distribution. In May, for example, it launched the Jupiter Dynamic Bond Sicav, providing international clients with access to its highly successful Strategic Bond Fund.
As well as Asia, the first half of this year saw the company open an office in Zurich to help extend its distribution on the continent.
Meanwhile, Jupiter today reported a slight recovery in its AUM from a low of £22.8bn at the end of last year to reach £23.4bn at the end of June, although they were still down year-on-year.
