
Jupiter looks to financials with new bond fund

Jupiter's Ariel Bezalel has set up the group's new Strategic Bond fund with a heavy weighting towards financials, which he sees as a defensive play ahead of a possible recession.
Launched on Monday (June 2), the fund will take an initial 60pc weighing in investment grade bonds, more than half of which will be exposed to financials. The remaining 40pc will be invested in high yield...
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