Jupiter expands fixed income offering with global sovereign bond fund

Includes quasi-sovereigns and special situations

Jupiter Asset Management has launched the Jupiter Global Sovereign Opportunities SICAV fund, targeting positive total return over the medium to long term.

The fund, managed by Vikram Aggarwal, assistant fund manager of Jupiter Strategic Bond fund and Jupiter Dynamic Bond fund, is able to invest in developed and emerging market countries, but with a focus on the latter, and may hold "up to half its value" in below investment grade securities. Tonkinson named Jupiter distribution MD after Merian acquisition Through a combination of top-down and bottom-up research, the fund will target both income and capital growth, and is able to invest in quasi-sovereigns and special situations, along with sovereign bonds, in both hard and local currenc...