Jupiter Asset Management has appointed Talib Sheikh (pictured) as head of Strategy, Multi-Asset.
It is understood he will join the company in June and will report directly to its chief investment officer, Stephen Pearson. Sheikh joins from JP Morgan Asset Management where he was a managing director and portfolio manager.
Sheikh has been key to the creation of JPMAM’s multi-asset solutions teams and has run a number of blockbuster strategies such as the €24.5bn JP Morgan Global Income fund and the JP Morgan Macro Opportunities fund.
At Jupiter, he will be working closely with experienced multi-asset fund managers such as Lee Manzi and Rhys Petheram.
Jupiter’s CIO Pearson said: “We are delighted to have attracted someone of Talib’s calibre and look forward to his arrival at Jupiter. Talib’s skillset is perfectly aligned with our strategic initiative to expand our international footprint in the Multi-Asset area, and he is well placed to spearhead this.
Katharine Dryer, head of Investments, Fixed Income and Multi-Asset, added: “Demonstrated over time and in a variety of market environments, Talib offers a powerful combination of active asset allocation and portfolio construction skills. Working closely with our existing team of specialists, his proven track record and broad product experience should enable us to equip our clients to meet their diverse investment goals in changing markets.”
Talib Sheikh said: “I am looking forward to joining Jupiter, having been impressed throughout the process by the dynamic and talented people I have met. The opportunity to build on the existing foundations of Jupiter’s multi-asset business is an attractive proposition, and I am excited by the prospect of harnessing the active management skill in the business to deliver solutions for a global client base.”