Starting on 1 February, Gunn will continue with the fund’s core strategy to achieve long-term capital and income growth investing in UK shares, Jupiter announced on Wednesday.
With six years’ experience as an income and growth manager, Gunn takes over managing the fund after the departure of Chris Watts, who left Jupiter after 16 years in 2016 to join Aberforth Partners.
Jupiter’s chief investment officer Stephen Pearson, thanked Steve Davies for managing the fund while a successor to Watts was found and said: “Alastair Gunn has a built a strong track record on the multi-asset funds he co-manages and we are very pleased to appoint him as fund manager of the Jupiter Growth & Income Fund, his first standalone product.
“We believe that his approach and experience is well matched to achieve the Fund’s aim and he will be supported by Jupiter’s experienced UK equities team.”
Jupiter has also recently appointed Claudia Ripley as product specialist, who will work alongside Gunn.
