Jupiter Asset Manager (Jupiter AM) has reached a distribution agreement with Banca Generali that makes Jupiter AM’s funds available to Banca Generali’s clients in Italy.
The deal, which involves five sub-funds of Luxembourg Jupiter Global Fund Sicav, will be distributed through Banca Generali’s Stile Libero – an insurance wrapper solution combining financial investment and customizable services.
The five sub-funds from Jupiter AM to be available to Banca Generali’s clients are:
- Jupiter Dynamic Bond – managed by Ariel Bezalel – is a flexible bond fund investing globally in the fixed income universe, that has achieved a cumulative performance of 35% since inception.
- Jupiter Europa, an absolute return long-short fund investing in European equity market.
- Jupiter Global Absolute Return – managed by Jupiter’s head of strategy James Clunie – the fund specializes in shorting seeking to generate an absolute return over a three-year rolling period, regardless the market conditions.
- Jupiter European Growth, an equity concentrated portfolio composed by 35-45 European companies with unique products or services.
- Jupiter Global Ecology Diversified, a fund investing in a mixture of shares and bonds, offering investors exposure to long term sustainable growth trends, with lower-volatility and greater income generation potential when compared to traditional, pure equity approaches.
Jupiter AM’s Italy country head Andrea Boggio (pictured), said: “We are happy to start a collaboration with Banca Generali, it is another important step in spreading Jupiter’s strategies in the Italian market: it is increasingly important for investors to be able to have access to quality investment solutions and we are convinced that Jupiter funds represent this. From our foundation, as a company focusing on active management, we are committed in our aim of achieving an above-average performance, allowing our fund managers to invest freely according to their own convictions and exploiting their talent: this is what we call ‘human advantage’.
The deal – as the one reached between Jupiter AM with Deutsche Bank WM in November 2017 – comes to boost the company’s plans for expansion across the Italian market, where it entered in June 2016.