Jupiter bolsters Sheikh's multi-asset team with another JPMAM hire

Adding strategist to team

Jupiter Asset Management has raided J.P. Morgan Asset Management (JPMAM) once again to build out its multi-asset team with the appointment of Mark Richards as a strategist.

Richards (pictured) will report to Jupiter's head of strategy, multi-asset, Talib Sheikh, who joined the firm in June 2018 after 20 years with JPMAM. At JPMAM, Richards was a multi-asset strategist for three years. Prior to that, he held similar positions at PIMCO and Credit Suisse. In his newly created role, he will have a particular focus on the Flexible Income fund, which was launched for Sheikh in September 2018. In particular, he will be responsible for identifying key market themes, drawing on his 16 years of experience covering economics and financial markets. Additionall...