Jupiter is to launch Jupiter Merlin Conservative Portfolio on September 28 to meet demand from more cautious investors.
John Chatfeild-Roberts, Peter Lawery, Algy Smith-Maxwell, Amanda Sillars and David Lewis will manage the fund, which has received regulatory approval.
In a statement, the asset manager said its team would use active asset allocation and invest with who it considers to be the best fund managers, wherever they work.
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