Jupiter has hired Royal London Asset Management (RLAM)’s former chief investment officer (CIO) Piers Hillier to fill the same role.
It was announced in September that Hillier (pictured) was stepping away from RLAM and would be replaced by Will Nicoll.
Today (16 February) Jupiter has announced Hillier’s appointment as CIO with responsibilities listed as overseeing the group’s investment management teams and capabilities, leading the development of new investment propositions and supporting the attraction of industry-leading talent.
See also: Jupiter’s Tyler: Strengthening our standing in the UK retail market
Matthew Beesley, CEO at Jupiter Asset Management, commented: “We are delighted to welcome Piers as he formally takes up the role of CIO at this exciting time for Jupiter. We have already made meaningful progress in strengthening our investment platform, and his leadership will be critical as we continue to build on that momentum.”
Hillier was RLAM’s CIO for a decade, and has over 30 years’ investment experience including roles at Kames Capital, LV Asset Management, Deutsche Asset Management and Schroders.
He said: “Having now joined Jupiter, I am excited to be working closely with Matt and the wider investment management team. The firm’s commitment to truly active, differentiated investment management is clear, as is the quality and depth of talent across the business. Building on the progress already made, I see a strong platform from which to continue developing the firm’s offering, supporting our clients and contributing to the next phase of Jupiter’s growth.”
See also: Jupiter’s Hilary Blandy: Fixed income has changed dramatically since the pandemic
