DENVER--(BUSINESS WIRE)--Sep. 27, 2021--
Jupiter Asset Management, a specialist, high-conviction active management firm, announced today its continued expansion into the US market with the opening of a New York City hub. The new office will host a US-focused credit research team and bring its sales team closer to a growing list of institutional clients.
The three-member credit team is an extension of Jupiter’s UK-based $17.9B AUM* global fixed income team, headed by Ariel Bezalel. The US-focused effort, headed by Joel Ojdana, brings the team closer to US issuers, affording deeper relationships with US companies and enhanced research.
Mr. Ojdana joined the company in London in 2018 and returned to the US with the opening of Jupiter’s Denver-based operation in October 2020. Also joining the US credit team in New York will be David Rowe and Jordan Sonnenberg. Mr. Rowe joins Jupiter from JP Morgan where he served as a leveraged loan and high-yield credit analyst. Mr. Sonnenberg joins from Deutsche Bank, where he served as a research associate with the high-yield credit research team. The analysts will work closely with the entire UK-based credit research team.
“Jupiter’s NYC hub reflects on the firm’s resolve to continually build on the strength of our active research capabilities and to be recognized as a more localized, yet global partner to our institutional clients,” said CEO Andrew Formica. The firm recently announced the hiring of David Schrock, head of US Institutional from Janus Henderson Investors. Mr. Schrock joined Taylor Carrington, CFA, formerly of Allianz Global Investors, who is spearheading the firm’s US growth initiatives.
*Source: Jupiter, gross AUM as at June 30, 2021
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This communication, including any data and views in it, is not a financial promotion as defined in MiFID II. It does not constitute an invitation to invest or investment advice in any way. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.
Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested.
The views expressed are those of the Fund Manager at the time of writing, are not necessarily those of Jupiter as a whole and may be subject to change. This is particularly true during periods of rapidly changing market circumstances.
Issued in the UK by Jupiter Asset Management Limited, registered address: The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ is authorised and regulated by the Financial Conduct Authority. Issued in the EU by Jupiter Asset Management International S.A. (JAMI, the Management Company), registered address: 5, Rue Heienhaff, Senningerberg L-1736, Luxembourg which is authorised and regulated by the Commission de Surveillance du Secteur Financier. Jupiter Asset Management US LLC with a principal place of business in Denver, Co. is registered with the US Securities and Exchange Commission (“SEC”) as an investment adviser.
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Source: Jupiter Asset Management Limited