Jupiter 'advanced' in securing successor for CIO as Pearson steps down

Jupiter is "well advanced" in the process to appoint a new chief investment officer after the incumbent, Stephen Pearson, has announced his intention to retire from the industry.  The UK-headquarted fund manager has also just announced the departure of its global head of distribution and named his successor. Pearson (pictured), who has been at Jupiter for over 20 years and in the industry for over 35 years, will remain with the company until 2022 to ensure a "seamless handover," a spokesperson said. Pearson commented that this feels like "a natural moment" for him to step back and ...