Jupiter Asset Management has launched a New York-based US credit hub housing three team members.
The hub, led by US credit analyst Joel Ojdana, will increase the research capacity of its £13bn global unconstrained fixed income strategy, Jupiter said.
Two of the three Jupiter employees that will be based in New York are new to the firm. David Rowe and Jordan Sonnenberg have joined the firm as credit analysts.
Rowe joined from JP Morgan where he was an analyst on the leveraged loans and high yield credit trading desk, while Sonnenberg joined from Deutsche Bank where he was part of the high yield credit research team.
The US-based team will help generate ideas for Jupiter’s global unconstrained bond products, including the flagship Jupiter Dynamic Bond (Sicav) and Strategic Bond (UT) funds.
The team will also conduct research across Jupiter’s broader fixed income strategy, including the Corporate Bond and Global High Yield funds, with a view to evolving the company’s product range in this area.
Jupiter head of strategy, fixed income, Ariel Bezalel (pictured) said: “Independent fundamental credit research has been a cornerstone of this strategy from the start. The opening of a New York-based credit research hub is an important step in the expansion of Jupiter’s credit research capabilities and one that will have a valuable impact across Jupiter’s entire fixed income offering. We look forward to working with the team to generate fresh and exciting investment ideas for the strategy.”
