Jupiter launches European small-cap fund for Heslop

'Exciting sector'

Jupiter Asset Management added a small-cap fund to its European stable of funds, to be run by Mark Heslop.

Heslop, who joined Jupiter as co-head of European growth in October from Columbia Threadneedle, will head up the Jupiter European Smaller Companies fund. The offering will follow the same investment philosophy as its stablemates, the £4.9bn Jupiter European and £1.7bn Jupiter European Growth funds. Wagstaff and Formica: Jupiter move was about getting back to something much more focused The fund will look to achieve long-term capital growth by investing in small-cap European names (excluding the UK) which the manager believes will benefit from significant growth over the medium to long...