Jupiter Expands Institutional Offering with Origin Asset Management Acquisition
- Chapters Capital
- Oct 3, 2024
- 2 min read
3rd October 2024
Jupiter Asset Management has announced the acquisition of the investment team and £800m in assets managed by Origin Asset Management, a London-based global investment boutique. This move is part of Jupiter's strategic effort to strengthen its institutional client channel and expand its global equities capabilities. The transaction is subject to customary approvals and consents.
The acquisition enhances Jupiter's Global Emerging Markets franchise and introduces new investment strategies in International ex-US and global smaller companies, which have been identified as key growth opportunities. Origin’s client base spans Europe, Canada, and Australia, and most assets are held in long-standing institutional segregated mandates. This addition broadens Jupiter's appeal across diverse geographies and investor categories.
Origin's five-person investment team, led by Managing Partner Tarlock Randhawa, will join Jupiter upon the transaction's completion. Their quantitative investment approach combines proprietary algorithms with qualitative due diligence, consistently delivering strong performance across their strategies. These strategies will continue to operate unchanged under Jupiter’s platform, ensuring continuity and long-term value for clients.
The acquisition coincides with a leadership transition at Jupiter, as Nick Payne, the lead manager for Global Emerging Market Equities, will depart at the end of 2024. Kiran Nandra, Jupiter’s Head of Equities, emphasised the importance of the acquisition in building differentiated investment propositions, noting that Origin’s expertise aligns with Jupiter’s active management philosophy. Additionally, Tarlock Randhawa highlighted the seamless client transition and cultural alignment between the two firms, stating that the partnership positions existing and new clients for enhanced outcomes and long-term growth.
This acquisition reflects a broader consolidation trend in the asset management sector as firms leverage strategic partnerships to scale operations and meet evolving client demands. By integrating niche capabilities into larger platforms, firms like Jupiter are better positioned to deliver specialised, high-performing solutions.
At Chapters Capital, we specialise in financial planning and wealth management M&A. Whether you are considering a sale, merger, or expansion, contact one of our professional associates today for a confidential, no-obligation consultation.