5 May 2010
Jupiter has announced that Guy de Blonay will be appointed lead manager of the Jupiter Hyde Park Hedge Fund with effect from 1 June 2010. Guy will take on the management of the Fund from Philip Gibbs, who will become deputy fund manager.
The Jupiter Hyde Park Hedge Fund has been managed by Philip since its inception in March 2000. Since launch, the Fund has returned 379.6% in Dollar terms and has never produced a negative annual calendar year return in its 10 year history.
Guy, who has 13 years’ investment experience, joined Jupiter from Henderson New Star where he was responsible for a number of long only products and a long/short hedge fund investing in the financials sector. One of his key products was the long only New Star Global Financials Fund, which produced substantial outperformance of its benchmark in the nine years he managed it. Before joining New Star, subsequently Henderson New Star, Guy worked at Jupiter for six years.
The appointment of Guy as lead manager will have no impact on the Fund’s investment strategy or objective, which is to generate capital gains whether short, medium or long term through an international portfolio of investments. Both Guy and Philip will hold substantial personal investments in the Fund.
The Jupiter Hyde Park Hedge Fund has been managed by Philip since its inception in March 2000. Since launch, the Fund has returned 379.6% in Dollar terms and has never produced a negative annual calendar year return in its 10 year history.
Guy, who has 13 years’ investment experience, joined Jupiter from Henderson New Star where he was responsible for a number of long only products and a long/short hedge fund investing in the financials sector. One of his key products was the long only New Star Global Financials Fund, which produced substantial outperformance of its benchmark in the nine years he managed it. Before joining New Star, subsequently Henderson New Star, Guy worked at Jupiter for six years.
The appointment of Guy as lead manager will have no impact on the Fund’s investment strategy or objective, which is to generate capital gains whether short, medium or long term through an international portfolio of investments. Both Guy and Philip will hold substantial personal investments in the Fund.
Philip Gibbs, fund manager at Jupiter said: “Guy has established a strong reputation as one of the best financial fund managers in the industry and I am pleased he will be taking on the management of Hyde Park. Guy’s appointment adds further strength and resource to our offering at an important time. We have seen a period of healthy inflows into the range of products managed by the team, including the recently launched Jupiter Absolute Return Fund, and assets under our management have grown substantially.”
Guy de Blonay, Jupiter, said: “The Jupiter Hyde Park Hedge Fund remains one of Jupiter’s key offshore hedge fund offerings. I am looking forward to taking on management of the Fund, and will seek to deliver consistent outperformance for investors.”
