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View the article online at http://citywire.co.uk/wealth-manager/article/a319478

Jupiter unveils Bestinvest private client hires

by Matthew Goodburn on Oct 31, 2008 at 11:18

Jupiter unveils Bestinvest private client hires

Jupiter has unveiled the names of the four private client managers who join from Bestinvest next month to bolster its £800 million private client division.

Oliver Burns, William Day, David Blake and William Luttrell-Hunt will join the firm next month bringing Jupiter's private client fund manager headcount to 14.

The news comes just a week after Jupiter announced that Robert Walker, Paula Forecast, Phil Gent and Oliver Pearson-Lund would be joining Jupiter from Singer & Friedlander between November 2008 and January 2009.

The hires are the first external recruits by Jupiter's private client business,  a key focus of expansion for the company going forward.

The additions are likely to push Jupiter's private client assets under management significantly over the £1 billion mark.

Assets for the division currently stand at £800 million, up from around £250 million two years ago.

Jupiter head of private client Colin Chisholm (pictured) said the Bestinvest managers had experience of working in SRI and green private client investing, a key part of Jupiter's retail and private client fund offering.

He said: 'We have already built a high quality platform and now we are building on it.These new managers should help to take our platform over the £1 billion mark.' 

The eight new hires will join Jupiter's existing private client managers, comprising Chisholm, Victor Cazelet, Sam Boyd and Jamie Ferguson on the Jupiter fund-based team, and Tim Woods and Kevin Booth on the stock broking side.

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