Jupiter Asset Management has promoted Mike Buhl-Nielsen as lead manager its Jupiter Europa SICAV fund.
Former lead manager Stephen Pearson will retain involvement in the fund as its deputy manager.
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Buhl-Nielsen joined Jupiter in 2006 and has worked alongside fund manager Stephen Pearson on the EUR48 million Jupiter Europa fund since October 2011.
Jupiter said the move had taken place in order to reflect Buhl-Nielsen’s proven capabilities as a fund manager and allow Pearson to focus more on his additional responsibilities as deputy chief investment officer.
The fund currently has around GBP48 million under management, of which 28% is invested in the financials sector. It has been ranked in the first and second quartiles over one and three years respectively.
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