Jupiter Asset Management has expanded its fixed income business with the launch of Jupiter Global High Yield Short Duration Bond Sicav fund.
The strategy is a sub-fund of the Jupiter Global Fund Sicav. It is managed by Adam Darling, senior high yield credit analyst on the fixed income team.
In line with Jupiter's fixed income investment philosophy, the fund pursues an active, highly convincing investment approach and seeks attractive, risk-adjusted returns over the medium to long term.
The Jupiter Global High Yield Short Duration Bond comprises a highly convincing portfolio of approximately 75 bonds and invests at least 70 percent of its assets in global high yield bonds with an average maturity of five years or less. The aim of the fund is to generate income and capital growth over the medium to long term. The core of the portfolio consists of European bonds. The team aims to maximise risk return by seeking the most attractive investment opportunities globally, regardless of index weights.
Darling joined Jupiter in 2015 and has more than 17 years of experience in corporate credit analysis, including bank loans and private equity investments. In managing the portfolio, he benefits from the extensive and long-term bond expertise of Jupiter's 19-person fixed-income team, which is already responsible for nearly $ 4bn in high yield securities. He reports to Ariel Bezalel, head of Strategy, Fixed Income, Jupiter.