Jupiter’s head of environmental investment solutions and portfolio Rhys Petheram is leaving the firm after 17 years amid the closure of two Sicav funds in the Global Ecology range.
A spokesperson confirmed that the Jupiter Global Ecology Bond and Global Ecology Diversified funds, which held £15m and £17.9m in assets respectively, will close on 6 April after failing to attract sufficient inflows. "Following a detailed review as part of our ongoing product rationalisation process, including client feedback, it has been concluded that these two funds are not aligned with client demand. We believe, therefore, that liquidating these funds is in the best interests of investors," they added. Jupiter merges, closes and overhauls six funds in January The closures ha...
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