Jupiter considers higher risk absolute return fund for Clunie

Extension of alternatives range

Anna Fedorova
clock • 1 min read

Jupiter Asset Management is gauging investor interest for a twice leveraged version of James Clunie's Absolute Return fund.

Investment Week understands the firm has spoken to a number of prospective clients about a higher risk version of its existing absolute return vehicle and has already seen some interest from investors. The firm said: "Jupiter is considering launching a higher risk version of the successful Jupiter Absolute Return fund managed by James Clunie (pictured), but no final decision has been taken as yet." The existing Absolute Return fund has returned 17.9% over three years to 9 February versus the IA Targeted Absolute Return sector average of 6.4%, according to FE.  Jupiter's Clunie: Why...

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