Stockholm (NordSIP) – Jupiter Asset Management announced that Charlie Thomas, Head of Strategy, Environment and Sustainability, is leaving after 20 years at the company. In the wake of his departure, the asset management company has announced a number of senior appointments in its sustainability team.
Abbie Llewellyn-Waters (Pictured) will be the new Head of Sustainable Investing. Llewellyn-Waters has over 15 years of sustainable investment experience, including managing the Jupiter Global Sustainable Equities Fund since its inception. In the new role, she will lead the firm’s sustainable investing activities and cooperate with Edward Bonham Carter, who has taken on a new role focusing on Jupiter’s stewardship and corporate responsibility activities.
“Drawing on Jupiter’s 30-year heritage of sustainable investing, this restructure and the series of appointments announced today reinforce our commitment to this strategically important client proposition which we see as a cornerstone of our future business growth plans. We are pleased to be able to offer our clients a distinct choice of products, enabling them to achieve their sustainable investing goals in partnership with our dedicated and experienced team,” Andrew Formica, CEO, comments. “I’m delighted to have Abbie and Rhys in these new roles where they will be instrumental in shaping, supporting and influencing the firmwide initiatives that we have been developing over the last year.”
Rhys Petheram was promoted to the new role of Head of Environmental Solutions. He will work closely with Llewellyn-Waters and focus on investing in companies intentionally focused on providing solutions to environmental challenges. With 20 years’ experience across fixed income and multi-asset portfolios, Petheram has co-managed the mixed-asset Jupiter Global Ecology Diversified Fund since its inception in 2016. He will oversee Jupiter’s environmental solutions range across asset classes, including the flagship Jupiter Ecology Fund. Petheram will also co-manage the Jupiter Global Ecology Diversified fund and developing the asset manager’s green bond capabilities.
“We would like to congratulate Abbie and Rhys on their new roles, created to drive forward our sustainability proposition. Their unrivalled knowledge and experience coupled with their passion for driving sustainable and enduring change on behalf of our clients will see us continue to innovate and lead the industry in this important area,” Stephen Pearson, CIO, added.
Finally, Jon Wallace will be promoted to fund manager, taking over the management of the Jupiter Ecology Fund and the Jupiter Responsible Income Fund. He will also be responsible for the equity part of the mixed asset Jupiter Global Ecology Diversified fund and report to Petheram. He has also been appointed manager by the Board of the Jupiter Green Investment Trust due to his previous experience assisting Thomas with this matter.
“We are also delighted to make Jon’s well-deserved promotion. Jon has been with the company since 2009 and has shown himself to be an innovative, inquisitive stock picker through his company research and analysis. He has worked closely with Charlie for many years on the Jupiter Ecology fund and becomes only the fourth manager to take on this role in its 32-year life,” Pearson concludes.
Image courtesyof Jupiter Asset Management