Jupiter Asset Management has appointed Martina Guenzl to the newly-created position of Director, Business Development Continental Europe. 

Martina joins the Group after eight months on secondment from Jupiter's parent company, Commerzbank AG, where she worked as Head of International Sales for the Bank's International Asset Management Division.  

While on secondment, Martina, who has more than eight years experience in the asset management industry, has been working to support Jupiter's International Division in building up business in Continental Europe. Before joining Commerzbank in May 2005, Martina worked as head of Marketing and Sales for the European Bank for Fund Services for three years. During this time she had a leading role in the project that founded ebase, which is now Germany's leading fund administration platform. 

Martina's appointment adds further strength to Jupiter's International Sales Division. The team, set up in March last year, now has three dedicated sales executives covering all Jupiter's target markets. Kevin Scott, who joined Jupiter in March 2006 from Old Mutual, heads the International Division, Simon O'Donoghue, who joined Jupiter in September from Forsyth Partners, is developing sales in the Channel Islands, the Isle of Man and Nordic markets, while Martina is responsible for sales in Continental Europe. 

This team is complemented by three dedicated fund management specialists who have joined the International division over the past year from other departments within Jupiter. Dr. Alison MacDonald is responsible for product and business development, while Ben Wilcox-Brown, Stefanie Lang and Daniel Blum provide sales and product support across all areas.   

Kevin Scott, Executive Director International at Jupiter Asset Management, said: "Jupiter has made excellent progress extending its sales internationally over the past year. In addition to launching a series of feeder funds for investors who are non-domiciled or non-resident in the UK, we have enjoyed considerable success raising assets for our Luxembourg-based SICAV. The Jupiter Emerging Europe Select Fund, launched on 2nd November 2006, has already been soft-closed after reaching its target of £100m (?150m) while the Jupiter Global Financials Fund has attracted some £67m (?105m). 

"We expect this growth to gather pace in 2007 as we continue to develop new products and build closer relationships with international clients in our target markets." 

Martina Guenzl said: "Demand for high alpha is growing in Continental Europe and Jupiter's outperformance capability means the Group is very well-placed to build its business here. Working with the International Division to develop its strategy over the past year has been very exciting and I am delighted to be joining the business on a full time basis to help build this operation further." 

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