Jupiter to launch fund of funds

Jupiter is to launch three fund of funds products at the end of May but has delayed the launch of ...

Jupiter is to launch three fund of funds products at the end of May but has delayed the launch of its fund of hedge funds until later in the year, writes Kira Nickerson John Chatfeild Roberts and his colleagues Algy Smith-Maxwell and Peter Lawrey, who joined Jupiter from Lazards two months ago, intend to launch an International fund of funds unit trust, a UK Growth portfolio and a Cautious Managed Income product, subject to regulatory approval. The International fund will be benchmarked against the FT World index and as such have a high weighting in the US market. The growth fund will...