Jupiter launches flexible income fund for Sheikh

Joined as head of strategy, multi asset, in June

Jupiter has unveiled a flexible income fund for Talib Sheikh, who joined the firm as head of strategy, multi-asset, in June from J.P. Morgan Asset Management (JPMAM) where he was a co-manager on the popular JPM Global Macro Opportunities fund.

Jupiter Flexible Income, which launched today (19 September), will target a "sustainable level of regular income" by investing in multiple global asset classes. The initial yield is set to be 4%-6% with natural income paid out on a quarterly basis, alongside the potential for capital growth over three to five years.  A sub-fund of the Jupiter Global Fund SICAV, the new fund will be unconstrained and high conviction with around 400 positions, investing in both traditional and alternative asset classes. The investment horizon will be three-to-18 months. Sheikh will be supported by th...