Jupiter Asset Management, the UK based active manager, has named Piers Hillier as its incoming chief investment officer, alongside the departures of Kiran Nandra, head of Equities, and Matthew Morgan, head of Fixed Income “after an appropriate handover period”.
Hillier is scheduled to join in February 2026. He most recently was CIO of Royal London Asset Management, overseeing investment teams and chairing the Investment Committee. He joined RLAM in 2015. Before that he was head of International Equities at Kames Capital, CIO at LV= Asset Management, and has held senior European equity roles at WestLB, Deutsche Asset Management and Schroders.
Among his tasks at Jupiter will include developing new investment propositions and attracting talent, alongside refining the firm’s investment processes as it seeks to broaden its appeal to a wider range of clients.
The past two years have seen Jupiter make changes to its investment capabilities, and rationalise its range of strategies. It has acquired the investment team and assets of Origin Asset Management, and is seeking to acquire CCLA Investment Management – subject to regulatory approval.
Matthew Beesley, CEO, Jupiter Asset Management, commented: “The appointment of Piers fits our strategy of seeking to attract the very best talent in active investment management. The quality and differentiated nature of our investment capabilities is what sets Jupiter apart and I’m confident that, given his deep experience at various high-quality firms, spanning multiple economic cycles and working closely with both institutional and retail clients, Piers will help us accelerate this evolution even faster.”
“I am grateful for the work both Kiran and Matt have done during their time at Jupiter. They have both helped contribute to the firm’s progress in recent years and we wish them well in their next chapter.”
Piers Hillier commented: “I am delighted to be joining Jupiter. Its focus on truly active investment management, aligned with a client-centric philosophy, means it is one of the most well-respected names in UK asset management. Having recently added some outstanding investment talent, along with sharpening its focus across a range of investment capabilities, it is clear that there is positive momentum at the firm. I am looking forward to working with my new colleagues to help build on this momentum, driving positive client outcomes and growth across the Group.”
