Jupiter has appointed Alejandro Arevalo to build out the firm’s dedicated emerging market debt capabilities.
Arevalo, who has 18 years’ experience, will join Jupiter as a fund manager later this year from Pioneer Investments, where he has worked for four years as an emerging markets corporate debt portfolio manager.
Formerly, he held a number of roles focusing on emerging market debt strategies at Standard Bank Asset Management, Gibraltar Bank and the International Bank of Miami.
Stephen Pearson, CIO at Jupiter, said: “We have steadily built out our fixed income team in recent years and have been keen to develop our emerging market debt capabilities as part of this expansion.
“Our unconstrained bond strategy managed by Ariel Bezalel has been increasing exposure to this asset class and we believe Alejandro’s track record, investment process and flexible approach will add significantly to our expertise in this area as we look to broaden our fixed income product suite.”
Jupiter had £40.4bn of assets under management as of 30 September 2016.