Jupiter launches third emerging Europe fund

The new Sicav fund, Jupiter New Europe, joins the Jupiter Emerging European Opportunities and Jupiter Emerging Europe Select funds already managed by the top-performing team of Elena Shaftan and Ingrid Kukuljan. Jupiter Emerging European Opportunities is first of 21 funds in the IMA Global Emerging Market sector over five years to 22 October, with a return of 449.9% compared with a sector average of 295.5%. (Source: Morningstar, bid-bid, net income reinvested.) The new fund will focus on Russia and central Europe, markets which Shaftan said have underperformed this year as emerging market ...