Jupiter appointed investment manager for Landsbanki Lux umbrella

Appointed by the board of directors of the fund, the decision follows the verdict of the Luxembourg regulator Commission de Surveillance du Secteur Financier (CSSF) to remove investment management subsidiaries Landsbanki (Luxembourg) SA and Landsbanki hf as investment managers after the Icelandic bank was placed into receivership by the Icelandic government on 1 October. The Landsbanki Luxembourg Investment Fund is a Luxembourg-authorised Sicav with seven subfunds, totalling €124m AUM. The fund’s local management company in Luxembourg is RBS (Luxembourg) SA, part of the Royal Bank of Sc...