UK/EUROPE - Commerzbank subsidiary Jupiter has launched the Jupiter Global Active Fund, targeting institutional investors in Europe, including the UK.
The new SICAV is an umbrella fund consisting of the pan-European Growth Fund managed by Alex Darwall; the pan European Special Opportunities Fund handled by Leon Howard Spink; a UK Special Opportunities Fund overseen by Paul Sheehan; and a Global SRI Fund, managed by Simon Baker.
Martin Schueller, Jupiter’s international development director added: “Across Europe there is growing demand for non-domestic equity products.
“In France and Spain in particular we have already had request for an SRI product as interest in ethical and environmental investing increases in these countries.”
The two European funds and the SRI fund will be priced in euros and the UK Special Opportunities Fund in sterling. Minimum investment is EUR1000. All funds will have multi-share classes.
By Madhu Kalia
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