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...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login