Jupiter Asset Management has entered into a partnership with International Financial Services to access its flagship Merlin portfolios.
Under the partnership deal, Jupiter will provide IFS access to its Luxembourg-domiciled Jupiter JGF Merlin Real Return Portfolio, which is run by Algy Smith-Maxwell to institutional investors, reported International Adviser.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Jupiter is planning to expand this offering to the retail segment.
IFS will initially launch the service to Singapore-based clients with plans to expand this into other countries in the near future.
The deal will provide IFS with the necessary research data to assist it in selecting third party satellite funds and build model portfolios for clients.
Currently, Jupiter’s Merlin fund invests 50% of its assets in absolute return funds, while 30% in equities and remaining into bonds. The fund aims to target a 6%-8% net return over the medium to long term.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataGreg Atherstone, investment specialist at IFS, said: "This is an exclusive partnership with IFS; no other IFA firm has access to this fund. It is very different compared to traditional IFA offerings."
Launched in 1197, IFS provides wealth management solutions for investors in Asia with offices in Singapore, Hong Kong, and Qatar.
