Jupiter has hired an executive director from UK Financial Investments, the quango which 2008 has managed the public stakes in UK listed banks, to support its £1.4 billion UK growth strategy.
James Moir will join the team as an equity analyst having spent the previous four years at UKFI, most recently as executive director of banking and capital markets.
He previously worked at university pension giant USS Investment management and CITI Bank.
Manager of the Jupiter UK Growth fund Steve Davies (pictured) said: ‘I am very pleased that James is joining me on the UK Growth strategy. His proven analytical skills will further enhance our knowledge of the existing holdings in the portfolios and extend our ability to assess and consider new ideas as well.’
UKFI was formed in 2008 to manage the government’s stakes in RBS, Lloyds and the toxic asset fund UK Asset Resolution, which holds the least-saleable bits of Bradford & Bingley and Northern Rock.