Newton's Pidcock exits to join Jupiter

Newton Investment Management's Jason Pidcock is leaving the group to set up an Asian income strategy at Jupiter.

He has been manager of the £4.4bn Newton Asian Income fund since launch in 2005, and will join Jupiter later in the year. At Jupiter, Pidcock will help build a new Asian Income strategy to complement its existing range of more growth-oriented and multi-cap emerging market products. Read our Fund Manager Focus with Jason Pidcock The new fund will follow an income-based, larger cap investment strategy. It follows the recent launch of the Jupiter Unconstrained Global Emerging Markets SICAV managed by Ross Teverson. Stephen Pearson, head of investments at Jupiter, said: "We have been...