Jupiter launches India Sicav

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Jupiter has launched a Sicav version of its India fund into its Luxembourg umbrella to attract Europe...

Jupiter has launched a Sicav version of its India fund into its Luxembourg umbrella to attract European investment. The Jupiter India fund (Sicav) is taking on the assets previously held by Peninsular South Asia Access. The Peninsular fund was set up by Avinash Vazirani in 1995 but it was brought under Jupiter control when they hired him in 1997. It is now being merged away into an offshore version of the group’s India fund, which was first launched as a UK unit trust in February 2008, and Vazirani will run both.

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