- The UK asset manager announces the opening of an Italian branch and the start of activities in the country under the supervision of Matteo Dante Perruccio
- Over the past few years Jupiter has initiated a phase of internationalisation through expansion of its activities in Asia and several European countries
Jupiter Asset Management, active asset manager with headquarters in London and offices in Continental Europe and Asia, announces its entry into the Italian market and the opening of a branch office in Milan. The announcement follows the appointment of Matteo Dante Perruccio as Executive Adviser supporting the development of Jupiter’s strategy in Italy.
Founded in 1985 as a specialist boutique with a strong investment-led culture, Jupiter Asset Management boasts a total of €49 billion assets under management (as at 31 December 2015). Over the past few years it has initiated a phase of internationalisation through expansion of its activities in Asia and several European countries, including Italy. Jupiter Asset Management offers multi-asset, equity, fixed income and absolute return investment solutions with a total currently of 16 funds registered for sales in Italy.
Matteo Dante Perruccio, Executive Adviser for Italy, said: “With a culture characterized by active fund management and an unconstrained approach to investments, Jupiter is well positioned to meet its objectives in Italy. I am convinced that the mix of values that differentiate Jupiter from its competitors and the strong performance track record of the funds available to Italian investors will be crucial in attracting Italian clients, contributing to the development of the company in the country”.
Matteo Dante Perruccio has already served for eight years as a non-executive Director of London-listed Jupiter Fund Management plc, and has 30 years’ experience in the asset management industry, including various roles in Pioneer Investments as Global Head of Distribution, Vice Chairman Pioneer Alternatives, CEO International and CEO of Pioneer Investment Management SgR.