Jupiter's Chatfeild-Roberts hands CIO role to deputy Pearson

Stepping down to focus on running Merlin range

John Chatfeild-Roberts is to step down from his role as CIO at Jupiter Asset Management to concentrate on the job he "enjoys most" - running the £8bn Merlin multi-manager range.

Stephen Pearson, former European equity fund manager who has been with the group since 2001, will take on the CIO role. Chatfeild-Roberts (pictured) described the move as a "natural evolution" as Pearson was made deputy CIO in July 2012, and head of investments a year later. Chatfeild-Roberts: The key issues once 'Black Monday' dust has settled Pearson said: "Jupiter is an attractive place for fund managers to work, with its distinctive culture of individuality, investment autonomy and personal accountability. "We have grown our fund management resources significantly in recent year...