Appointment of New Director

RNS Number : 0511O

Jupiter Fund Management PLC

12 September 2011

 



12 September 2011

Jupiter Fund Management plc appoints Jon Little

as Non-Executive Director

The Board of Jupiter Fund Management plc is pleased to announce the appointment of Jon Little as an independent non-executive Director with effect from 12 September 2011.

Jon is a partner and founder of Northill Capital, a private investment business backed by one of Europe's largest family offices.  Jon has developed extensive experience of the asset management industry on an international scale over more than 20 years through roles with a number of global institutions.

Jamie Dundas, Chairman of Jupiter Fund Management plc, said: "I am very pleased to welcome Jon to the Board. He has considerable expertise in running asset management businesses in the UK and overseas, particularly during his time as Vice Chairman of BNY Mellon Asset Management.  His experience and wisdom will be very valuable to Jupiter as we seek to develop our successful UK brand and increase our share of the international asset management market."

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For further information please contact:

                                                   Investors                                    Media

Jupiter                                        Adrian Creedy                               Despina

                                                                                                       Constantinides

                                                  [phone]                   [phone]

Financial Dynamics                     Ed Gascoigne-Pees                       Andrew Walton

                                                  [phone]                   [phone]

Note:

Jon Little started his asset management career at Fidelity in 1991, where he worked latterly as UK Business Development Director until 1997 when he joined JP Morgan Investment Management as Vice President, Head of International Funds and European Sub-advisory.  In 2000 he joined Mellon Financial and he was subsequently appointed head of the International Asset Management Business. Following the merger of Mellon with Bank of New York in 2007, he became Vice Chairman of BNY Mellon Asset Management and a member of the BNY Mellon's Global Executive Committee.

Between 2007 and 2008 Mr. Little was Chairman of West LB Mellon Asset Management - BNY Mellon's Joint Venture with West LB and, from January 2007 to December 2008 he was also Chairman of the Dreyfus Corporation in New York, a BNY Mellon subsidiary and one of America's largest and oldest mutual fund companies.  Mr. Little is currently a non-executive Director of Alpha Strategic PLC - an AIM listed investor in hedge fund managers in which Northill acquired a controlling interest earlier this year, and a non-executive Director of Standfirst Media Limited.

From September 1991 to early 1992 Mr. Little was a director of Homer Mackenzie Limited.  The company went into creditors voluntary winding-up on 19 June 1992. Mr Little has confirmed there is no further information to be disclosed under Listing Rule 9.6.13R.

 

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