Jupiter changes benchmarks on two funds

Euro small-cap and sovereign opps fund

Jupiter Asset Management has changed the benchmarks on its Jupiter Global Sovereign Opportunities fund and Jupiter Pan European Smaller Companies fund.

These are the latest changes in Jupiter's ongoing product review process, which began back in October 2022. Both domiciled in Luxembourg, the funds have had new benchmark allocations for different reasons. Jupiter shutters Asia Pacific Income The Jupiter Global Sovereign Opportunities fund previously did not use a benchmark for performance comparison purposes, but in a letter to clients, Jupiter said its investment manager had advised adding one as it "would enhance the marketing potential of the sub-fund for the best interests of the sub-fund's shareholders". As a result, it wi...