Jupiter Asset Management has broadened its Asia Pacific (APAC) remit to Australia, announcing that it has entered into a strategic partnership with Australian institutional market specialists Institutional Distribution Partners (IDP).

The partnership is part of the firm’s strategic goal to grow in international markets and increase its business with institutional clients. Jupiter’s focus on Australia is driven by the scale of the of the local institutional market, which is the fifth largest in the world¹, and the opportunities presented by the nation’s established and growing pensions fund market.

The partnership with IDP will allow Jupiter to proactively engage with asset owners and consultants introducing several of Jupiter’s differentiated and high conviction public market capabilities.

IDP is a specialist multi-manager institutional investment distribution firm, headquartered in Melbourne, Victoria. In aggregate, IDP’s fund manager clients manage assets in excess of USD $700bn.

Richard Hooper, Head of Middle East, Africa and Australia at Jupiter, said: “We are really pleased to confirm this partnership with IDP, an important step for Jupiter as we seek to increase scale in the APAC institutional market, a key strategic priority for us as a company.

“We see significant growth potential in the Australian market, particularly in the country’s superannuation fund space. We selected IDP as our partners in this region because of their expertise in the Australian institutional market, and proven track record in engaging with local asset owners and consultants.”

Shannon Leake, Managing Partner & Co-Founder, IDP, commented: “Jupiter is a longstanding active asset manager in the fields of ecology, sustainability, and systematic investing, who we believe is well-equipped to work in concert with institutional investors in our market.

“IDP is delighted to partner with Jupiter as they enter the Australian institutional market”.

¹Australian Trade and Investment Commission, Why Australia Benchmark Report 2024, pg. 12

For further information, please contact:

Victoria Howley
0203 817 1657
[email protected]

Olivia O’Connor
0203 817 1436
Olivia.O’[email protected]

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Issued in the UK by Jupiter Asset Management Limited, registered address: The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ is authorised and regulated by the Financial Conduct Authority. Issued in the EU by Jupiter Asset Management International S.A.  registered address: 5, Rue Heienhaff, Senningerberg L-1736, Luxembourg which is authorised and regulated by the Commission de Surveillance du Secteur Financier.