- He will succeed Stephen Pearson who is retiring following a 35-year career in the industry including nearly two decades at Jupiter
- Beesley will join in January 2022, report to CEO Andrew Formica and join the Executive Committee
- He will have overall responsibility for the management of all of Jupiter’s investment professionals and strategies across equities, fixed income and multi-asset
Jupiter AM has announced the appointment of Matthew Beesley as Chief Investment Officer (CIO), succeeding Stephen Pearson who is retiring following a 35-year career in the industry including nearly two decades at Jupiter. He will join the company in January 2022.
The asset manager has revealed in a press release that Beesley will initially work closely with Pearson to ensure a seamless handover. Besides, he will report to CEO Andrew Formica and join the Executive Committee. In his new role, he will have overall responsibility for the management of all of Jupiter’s investment professionals and strategies across equities, fixed income and multi-asset.
Supported by Jupiter’s eight-strong CIO office, "he will also have oversight of the associated functions that form the backbone of the company’s investment process", including its dedicated stewardship, data science, dealing and performance analysis teams.
“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", commented Formica.
In his view, Beesley shares their commitment to actively-driven returns and has "a well-deserved reputation" for being an "effective and inspiring" leader: "We are confident that, under Matt’s leadership, we will continue to deliver the strong investment results for our clients that is a hallmark of Jupiter".
With nearly 25 years of experience in the investment industry, Beesley joins Jupiter from Artemis, where he has been CIO since April 2020. Prior to this, he was Head of Investments at GAM Investments from 2017 to 2020, where he was responsible for the management and oversight of its investment strategies managed by teams based in Europe, Asia and the US. Beesley has also been Head of Global Equities at Henderson, responsible for a team managing significant assets in global, international (World ex US) and Global Socially Responsible investment strategies.
Beesley claimed to be "excited" to take up the mantle from Pearson as the business develops, grows and adapts, to ensure they continue to meet clients’ needs "and deliver the superior investment performance that Jupiter is known for.”