The firm has added two senior sales personnel and one marketing employee from Merian Global Investors in Hong Kong.
Jupiter Asset Management's Asia team has been given a boost with the addition of senior sales staff Karen Cheng and Richard Mo, who are joining the company following its acquisition of Merian, Jupiter announced on Thursday.
Cheng will take on the role of director, North Asia sales, while Mo will head China and Taiwan, both reporting to Peter Swarbreck, head of Asia Pacific, Jupiter, the announcement said.
China Specialists
Cheng is a financial services industry veteran with 18 years of experience working across a range of distribution and client services roles. Before becoming Merian's North Asia sales director, she was head of Hong Kong intermediaries at T. Rowe Price. She previously worked at J.P. Morgan Asset Management, HSBC Canada, HSBC Private Bank and Coutts.
Mo was head of China business development at Merian. He previously spent four years building Old Mutual's China business, and before that had a 16-year career at J.P. Morgan Asset Management, where he held a number of positions in distribution as well as building client relationships across Taiwan, Hong Kong and China.
Merian Acquisition
Jupiter announced its acquisition of Merian in February. The acquisition is planned to complete on, or as soon as possible after 1 July 2020, following regulatory approval.
The acquisition is «built on very solid foundations and a shared proven track-record weathering multiple economic cycles. Both firms share a similar culture with active fund management at the core of their investment philosophy,» Swarbreck said about the deal.
The company currently has two offices in Asia: one in Hong Kong and one in Singapore, with distribution capabilities in various other parts of the region.