Jupiter launches third emerging Euro fund

The Luxembourg-domiciled Jupiter New Europe fund, part of the firm’s Global SICAV, is available to investors in the UK, Austria, Finland, France, Germany, Jersey and Sweden. The new launch coincides with the Jupiter Emerging Europe Select fund’s first anniversary. The fund returned 36.8% against its 34.61% benchmark, the MSCI EM Europe 10/40 Index. Jupiter's emerging European team head Elena Shaftan says she is confident on the region’s prospects. "Russia and central European markets have underperformed other emerging markets this year as foreign fund flows have favoured markets such ...