Jupiter Asset Management today announced the appointment of Ben Surtees as manager of the Jupiter Asian unit trust.
Surtees joined Jupiter in 1997 and has worked on Jupiter’s Asian desk since 2000, running the Jupiter Asia Pacific fund (Sicav) since 2005. He also manages the Asia ex Japan segment of the Jupiter Global Managed fund.
He takes over the £46m Jupiter Asian fund from Philip Ehrmann, who has managed the portfolio since joining Jupiter in October 2006.
Ehrmann will now focus on the Jupiter China Fund which launched in October 2006. The concentrated portfolio of 40-50 small- and medium-sized companies has attracted around £177m under management and sits in the first quartile since launch.