Jupiter Asset Management has hired a senior convertible bond analyst, saying the asset class is seeing increased demand as investors anticipate the need for downside protection.
Makeem Asif joins from RWC Partners, where he held a similar role, in a newly created role within Jupiter’s multi-asset and convertibles team and will start in early 2018.
Asif will report to Lee Manzi, fund manager of the Jupiter Global Convertibles fund and work alongside quantitative analyst Joseph Chapman.
Stephen Pearson, Jupiter’s chief investment officer, said Jupiter had a strong presence in the convertible asset class, and that interest in convertibles was growing as investors looked for areas that can provide some downside support in more volatile market conditions.
Jupiter was recently predicted to see £5 billion (€5.6 billion) of inflows across asset classes before the end of the year.
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