Jupiter unveils absolute return fund in Merlin multi-manager range

Jupiter Merlin Real Return is a UK-domiciled unit trust and a NURS version of the Jupiter Merlin Real Return Portfolio SICAV. The new fund aims to deliver a return of 3% net of fees above the Consumer Price Index over three-year rolling periods. Managed by Jupiter's independent funds team - led by head of strategy, independent funds, John Chatfeild-Roberts - the fund will be heavily biased towards investing in long/short equity absolute return strategies but will also invest in selected equity funds and physical gold, with the ability to invest in fixed interest, commodities and property...