Jupiter Asset Management has hired George Ensor and Mayan Uthayakumar from River Global, recently acquired by Liontrust.
Current fund managers Tim Service and Matt Cable will leave Jupiter in early 2027, and the incoming team will take on the management of Jupiter’s UK SMID range.
The new duo will join the firm ‘by January 2027’ having worked together on UK small and micro equities strategies for over 10 years.
At their previous employer, Ensor and Uthayakumar managed over £450m of small and micro cap equities strategies on behalf of both institutional and retail clients.
The departures and hires are part of the wider restructuring of Jupiter’s UK equities capability under the leadership of Adrian Gosden and Alex Savvides, who will head up the income and alpha investment teams respectively.
Piers Hillier, chief investment officer, said: “I am delighted that George and Mayan will be joining Jupiter. They bring strong track records of delivering investment performance for both retail and institutional clients.
“Today’s announcement reaffirms our commitment to our home market of the UK and, under the leadership of Alex Savvides and Adrian Gosden, we have built teams of high quality investment managers across styles and market caps, with the ability to deliver positive outcomes for clients across the market cycle.”
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