Jupiter refreshes multi-asset range following outflows from Absolute Return fund

More global approach

Jupiter is refreshing its multi-asset range with changes to the Jupiter Absolute Return fund, Jupiter Distribution fund and Jupiter Distribution and Growth fund, Investment Week can reveal.

At the beginning of 2021 the funds were taken on by Jupiter's multi-asset team, led by Talib Sheikh. Since then the team have been making several changes to the portfolio in line with the existing investment guidelines. Now, following a review by the team, and in consultation with investors and consultants, Jupiter has decided to update the investment objectives further and change the names. The Jupiter Absolute Return fund will become the Jupiter Flexible Macro fund on 4 October and its objective will now be to provide a positive total return higher than SONIA GBP over a three-year r...