Jupiter launches Sicav

Jupiter has launched a Luxembourg Sicav, the Global Active Fund, offering four growth subfunds to be jointly marketed at European and UK investors via Commerzbank and Jupiter. The group is still awaiting FSA approval before the funds can be made available to UK retail investors. The four portfolios will consist of a pan European Growth, pan European Special Opportunities, UK Special Opportunities and Global Socially Responsible Investment funds. The two European funds and the SRI portfolio will be priced in euros and the UK Special Opportunities fund in sterling. The minimum investm...