Jupiter Puts New Star Manager On Hyde Park Hedge Fund

May 5 2010 | 10:24am ET

Jupiter Asset Management is putting even more on its new top manager’s plate. Guy de Blonay, who joined the firm in December, will take the reins at the Jupiter Hyde Park Hedge Fund next month.

He takes over from Philip Gibbs, who has managed the hedge fund since its inception more than 10 years ago. The US$100 million fund has never posted a losing year under Gibbs, who will remain its deputy manager. Jupiter made clear that Hyde Park’s successful strategy will not change under de Blonay.

“The Jupiter Hyde Park Hedge Fund remains one of Jupiter’s key offshore hedge fund offerings,” its new chief said. “I am looking forward to taking on management of the fund, and will seek to deliver consistent outperformance for investors.”

De Blonay was hired from New Star Asset Management. He is also set to share responsibility with Gibbs on Jupiter’s flagship Financial Opportunities Fund, where he hopes to push for an increase in its Asian stock investments, he told Financial News.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note