Ariel Bezalel opts for a financial bet

Jupiter's Ariel Bezalel will draw upon the macro views of Philip Gibbs in running his forthcoming bo...

Jupiter's Ariel Bezalel will draw upon the macro views of Philip Gibbs in running his forthcoming bond fund, with a third held in financials at launch. Strategic Bond, launching on 2 June, is designed as a go-anywhere product that can invest in all types of fixed income across the world. Bezalel said the financials space is currently offering large spreads as a result of recent sell-offs in the sector. He will put a third of the fund in this area, claiming rewards are strong for what are fundamentally safer bonds than industrials for example. The fund is launching with a bias toward...