Jupiter launches Strategic Bond fund

clock

Jupiter is to launch a Strategic Bond fund on 2 June with a target yield of 7%.

The fund is aimed at investors with a medium to long term outlook seeking income with potential for capital growth. It will be managed as a 'go-anywhere' fund with the ability to switch from a conservative to aggressive stance depending on circumstances. Ariel Bezalel, who has 10 years experience working in credit markets at Jupiter, will run the new fund. He currently manages the fixed interest components of three unit trusts; Jupiter Global Managed, Jupiter High Income and Jupiter Monthly Income. The portfolio will hold around 60 instruments, with a focus on European credit. It will...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

PA360: It is 'impossible' to pick out the best asset class every year

PA360: It is 'impossible' to pick out the best asset class every year

‘The outsourced route is one that a lot of advisers are now taking’

Hope Coumbe
clock 26 April 2024 • 2 min read
PA360: Framing of information to investors 'extremely pervasive'

PA360: Framing of information to investors 'extremely pervasive'

Consumer Duty states consumer biases must not be exploited

Jenna Brown
clock 25 April 2024 • 1 min read
Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read