Effective immediately, the appointment sees Pearson take over the role as Chatfeild-Roberts steps aside in order to focus on management of the firm’s £8bn Jupiter Merlin portfolio range.
Chatfeild-Roberts will retain his director’s berth, while Pearson takes up a seat on the Jupiter executive committee. Jupiter confirmed that continuity is central to the shift, with Pearson set to maintain the firm’s overall investment view while simultaneously allowing Chatfeild-Roberts to concentrate on managing money.
“Jupiter has grown substantially and the assets managed by the Jupiter Merlin team have doubled since I became CIO in 2010,” said Chatfeild-Roberts.
“I have encouraged Stephen to take the lead on managing the investment team, so it is a natural evolution for him to take on the role. As a result, I can devote my time to the job I enjoy the most – investing the Jupiter Merlin portfolios.”
Pearson holds 29 years’ experience in asset management, arriving at Jupiter in 2001 to take up a European equities role before becoming deputy CIO 11 years later and head of investments a year after that. Chatfeild-Roberts began running multi-manager portfolios for Jupiter in 1997, and has outperformed the peer group composite by 4.8% in the past 10 years.