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April 30, 2013updated 04 Apr 2017 3:17pm

Global Equity Income Fund targeted at Europe and US

Europe and US will be Jupiter’s new Global Equity Income Fund 's core markets due to the related backgrounds of co-managers Sebastian Radcliffe and Gregory Herbert.

By Verdict Staff

Europe and US will be Jupiter’s new Global Equity Income Fund ‘s core markets due to the related backgrounds of co-managers Sebastian Radcliffe and Gregory Herbert.

The fund will be launched on 01 May, 2013, and is an Ucits-compliant unit trust, which sits in the IMA’s Global Equity Income Sector.

As per IMA data, the sector has grown to GBP7.3 billion (US$11.3 billion) since its launch in January 2012 and has proved attractive to retail investors, with fund sales in January this year of GBP148million outpacing those of GBP46.5million in the UK Equity Income Sector.

Jupiter said the managers will call upon the expertise and experience of Jupiter’s regional investment teams to complement their own areas of experience in the fund’s core equity markets of Europe and the US.

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