'The dangerous game asset managers play': Adviser reaction to £4bn man Pidcock's exit

'The dangerous game asset managers play': Adviser reaction to £4bn man Jason Pidcock's exit

Laura Miller
clock

News Jason Pidcock is dropping his £4.4bn mandate with Newton for rival Jupiter has caused investment advisers to reassess whether the fund is the best place for clients' money...

Newton Investment Management's Jason Pidcock is leaving the group to join Jupiter. He has been manager of the £4.4bn Newton Asian Income fund since launch in 2005, and will join Jupiter later in the year. At Jupiter, Pidcock will help build a new Asian Income strategy to complement the group's existing range of more growth-oriented and multi-cap emerging market products. The new fund will follow an income-based, larger cap investment strategy, and follows the recent launch of the Jupiter Unconstrained Global Emerging Markets SICAV, managed by Ross Teverson. Investment advisers' ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

PA360: Framing of information to investors 'extremely pervasive'

PA360: Framing of information to investors 'extremely pervasive'

Consumer Duty states consumer biases must not be exploited

Jenna Brown
clock 25 April 2024 • 1 min read
Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read