Jupiter European Income fund to close due to shrinking assets

Elliot Gulliver-Needham
clock • 2 min read

The Jupiter European Income fund is set to close on 8 November 2022 as a result of shrinking assets. In a letter to investors seen by International investment's sister brand Investment Week, Jupiter said the fund "has continued to reduce in size year on year and believes it is unlikely to attract new investors in the future". It added that it believes "the closure is in the best interests of investors as they no longer consider the fund to be commercially viable". Portfolio manager of the fund Greg Herbert also co-manages the firm's Global Equity Income fund and Global Equities fun...

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