Jupiter Asset Management has launched a new UCITS-compliant US equity fund for small and mid cap specialist manager Robert Siddles.
The new fund focuses on opportunities in the smaller end of the US market.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Using the value investment approach, the fund will hold between 50 to 75 stocks that are market capped between £100 million to £5 billion from a selected 3,000 US small companies, according to Investment Week.
The core investments of the fund will be made by Siddles, in those firms that are predicted to have a consistent growth in their earnings, over the long term.
The remaining will include trading stocks, for a short-term recovery of around two to three years, according to the publication.
Siddles previously worked in F&C, before joining Jupiter, where he managed above £500m in assets together with the F&C US Smaller Companies investment trust.
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 GlobalDataThe manager reportedly said, according to the investmentweek.co.uk: "The US small and mid cap sector has had a strong run of late, but these gains reflect the potential growth prospects and good long-term outlook for the American economy."
