Jupiter lures from US for fixed income expansion

Jupiter has lured a fixed income specialist from the US as it expands its team.

Charlie Spelina joins as a US credit analyst from BlueBay Asset Management, where he was first as a trader and then as a corporate credit analyst with a focus on European and US industrial sectors.

Jupiter’s credit team now totals nine, following two emerging market hires earlier this year.

Jupiter Strategic Bond and Dynamic Bond funds manager Ariel Bezalel says independent credit research important to their approach, and Spelina’s experience improves their regional expertise.

“We look forward to working with him to generate fresh investment ideas for the strategy,” Bezalel says.

Jupiter reported last week that fixed income inflows had helped deliver a 19 per cent increase in assets under management to nearly £50bn.

In September, it launched an emerging markets short duration bond fund for manager Alejandro Arevalo following the launch of the Jupiter Global Emerging Markets Corporate Bond fund in March this year.

Spelina will be relocating to London from New York and joins the team next week.