Demand for private client investment management services has increased following the credit-crisis, according to Jupiter Asset Management.

Following the financial crisis and the ensuing recession, investors have been recognising that active management by professional private client managers gives the potential for them to rebuild their assets. However it is not only strong investment track records that are in demand but high levels of personal service.

Jupiter has experienced strong growth in its private client division in recent years, with assets trebling in the past five years to £1.2bn. The group firmly believes that this area will continue to enjoy significant growth going forward. As such, the company has significantly expanded its private client capabilities over the past year, with the addition of eight new investment managers bringing the total to 14.  The overall team has grown from 10 to 23 individuals and is led by Colin Chisholm.

In addition to attracting assets from individuals, managing mandates for charities has also been an area of growth. Recently, Jupiter won a mandate from The Joseph Rowntree Foundation (in conjunction with Jupiter's institutional team). Overall this year, charity business managed by the Private Client and Charities team has tripled.  The growth in this area has been particularly supported by Jupiter's 21-year history of managing SRI and green portfolios - an area of increased demand.

Colin Chisholm, head of the private client and charity team, says: "We are well positioned to take advantage of the opportunities in the market, as investors who battened down during the financial storm are now beginning to actively look to rebuild their portfolios.  Jupiter has already seen a considerable increase in business, with private client division funds under management having grown by 29% over the past year.  This year to date has proved to be our best in new business terms since the team was established in 1985. 

"We are confident that our increased visibility, and the strength and depth of the team, will continue to attract interest from potential investors and we continue to drive forward our new business goals, whilst also focusing on maintaining our investment performance and service standards for existing clients."

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Notes to editors:
Jupiter Asset Management (JAM) is authorized and regulated by the Financial Services Authority and their registered address is 1 Grosvenor Place, London SW1X 7JJ. JAM is a subsidiary of Jupiter Investment Management Group Limited and the group is collectively known as "Jupiter".