Jupiter Asset Management has appointed Ross Teverson to the newly created position of head of strategy for global emerging markets.
Teverson this week resigned from Standard Life Investments after 15 years with the Edinburgh-based investment firm.
He had run the top performing Standard Life Investments GEM Equity Unconstrained SICAV since it was launched in October 2012.
Over the year to the end of April the fund returned 9.8%, while the average manager in the Equity - Global Emerging Market Equities sector lost 2.6% in US dollar terms over the same period.
Following his departure, Teverson's role as lead manager was assumed by his former deputy Matthew Williams.
In his new role at Jupiter, Teverson will be responsible for heading up the group's stable of emerging market equity managers, which includes experienced names such as Philip Ehrmann, Citywire A-rated Kathryn Langridge, Avinash Vazirani and Ben Surtees.
Jupiter said Teverson will join the group in November 2014 after a period of gardening leave.
During his time at Edinburgh-based SLI, Teverson had spent seven years working in the Hong Kong office as an investment director, and had also managed institutional mandates including the Standard Life Emerging Market Pension Fund.
Jupiter's head of investments Stephen Pearson said: 'Developing our global emerging markets capability is strategically important to Jupiter.'
'We already have a strong team of specialist fund managers in this space and Ross’s broad experience and skills will help us build out our strategies on a global basis.'