Jupiter Asset Management has launched a Luxembourg-authorised Sicav fund of funds, to be run by its successful John Chatfeild-Roberts-led multi-manager team.
The product, which has been approved by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, has two sub funds available to international investors - the Merlin International Balanced Portfolio and the Merlin International Equities Portfolio. The sub-funds, which will be priced in euros, are based around the same principle as three of the unit trusts the team have been managing for more than 10 years. International Balanced will be similar to a combination of the existing Balanced and Income portfolios, while the International Equities will be similar to the Worldwid...
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