Jupiter’s Ian Heslop steps down from fund management

Jupiter fund manager Ian Heslop has stepped back from day-to-day management of the funds, taking on a senior advisory role instead.

Heslop was co-head of the Jupiter Merian Systematic fund range team and with his departure his co-head Amadeo Alentorn will assume full responsibility for the funds.

The move has been effective since the start of the year and Heslop will remain involved in the strategy.

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Despite the change, the fund lineup, which includes Jupiter Merian Global Equity, Asia Pacific, North American Equity and Global Equity Income funds, will not lose its Square Mile Investment Consulting and Research ratings.

Square Mile analysts said: “Mr. Heslop will remain at Jupiter and will be involved in managing the funds the team manages in his role as lead advisor.

“Mr. Alentorn and Mr. Heslop have worked together for more than 15 years and they are supported by five other analysts who have a wealth of experience.”

A Jupiter spokesperson added: “The new team structure will provide continuity for existing customers and we are confident that this strategy will continue to build on its strong foundation.

“We are delighted that performance has improved, and the team has felt a positive impact from the broader resources available to Jupiter since joining last year. A clear example of this is the process improvements made through close collaboration with the data science team.

“We wish Ian and Amadeo the best of luck in their new roles.”

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