Jupiter launches Absolute Return fund
London-headquartered investment manager Jupiter Asset Management has announced the launch of its new Jupiter Global Absolute Return Sicav fund.
The fund aims to achieve an absolute return over a rolling period of three years, it will be managed by James Clunie, head of Strategy Absolute Return at Jupiter, who aims to pursue a predominantly bottom-up based approach to managing his portfolio.
Clunie has 27 years of experience in the industry, having specialised as a manager in Long/Short strategies. He joined Jupiter in 2013, where he is now in charge of the group’s €433m Absolute Return strategy. Prior to that, he worked for a number of British equity Long/Short as well as Long only strategies.