Lawery quit Lazard along with and Algy Smith-Maxwell in 2001 to set up the multi-manager proposition at Jupiter. The team was bolstered in May 2011 through the appointment of Amanda Sillars and David Lewis.
He has co-run alongside Chatfield Robert and Smith-Maxwell the Jupiter Merlin International Balanced Portfolio, which has posted five-year returns of 58.11% while the average manager in mixed asset balanced has returned 40.51%, and the Jupiter Merlin International Equities Portfolio, which has returned 67.49% over the past five years against the average manager in global equity's returns of 60.38%, for a number of years.
The head of Jupiter's Merlin multi-manager team, Chatfeild-Roberts, commented: 'Peter has been a good friend and valued colleague for many years. He has not only contributed to our outperformance but has also helped build the team’s resources for the future, working closely with Algy and me to incorporate Amanda and David into the team.
'I would like to thank him for his tremendous support during this time and am delighted he will continue to provide input to the Merlin team and Jupiter more widely as a consultant.'
Lawery added: 'With Amanda and David fully integrated into the team, it felt like an opportune time to step back from my day to day focus on markets to concentrate on long term research and broadening some of my personal interests.
'I have thoroughly enjoyed my time working at Jupiter so far and look forward to contributing to both the Merlin team and the company in my new role as a consultant.'