Jupiter set to launch strategic bond fund

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JUPITER is looking to roll out a strategic bond fund to be managed by Ariel Bezalel.

Slated for launch on June 2, the Jupiter Strategic Bond fund will provide income and capital growth with a target yield of 7pc and the capability to invest across the fixed income sector. The fund will hold 60 instruments, focusing particularly on European credit. It will hold between 20pc and 60pc in high-yield bonds and with the remainder invested in sterling assets. With over a decade of experience at Jupiter, Bezalel has managed the fixed income allocations of Anthony Nutt's £732m Jupiter High Income fund and John Chatfeild-Roberts's £219m Global Managed fund for 18 months and six y...

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