Pearson to manage Jupiter's new fund

Jupiter plans to launch a long/short European equity hedge fund, following the arrival of Stephen Pearson, writes Fiona Henderson.

Pearson was previously at Sloane Robinson where he was a director and partner, responsible for European investments. He will manage a European equity hedge fund that Jupiter is planning to launch.

He has managed the SR Pan European Investment Trust and the SR Europe Fund, an equity hedge fund from its launch in March 1996 to his departure in October 2000.

In addition to his fund management role at Sloane Robinson, Pearson was also instrumental in setting up the European bottom-up research unit at the group. Edward Bonham Carter, joint chief executive officer at Jupiter, said: 'He will be invaluable in developing our skills and resources in the hedge fund arena.'

Pearson said: 'The hedge fund industry is likely to continue to develop rapidly in the near term.'

His appointment follows a number of recent recruits at Jupiter, including Paul Sheehan who joined from Dresdner RCM in June 2001.

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