Jupiter fund to seek dividends in global equities

Jupiter has launched a global equity income fund that will seek to invest in companies paying good dividends in developed and emerging markets.

Sebastian Radcliffe and Gregory Herbert will manage the Ucits unit trust. Radcliffe already manages $1 billion (€760 million) of United States assets across three Jupiter funds while Herbert recently became manager of the £36 million (€43 million) Jupiter European Income Fund.

“In the current low-interest rate environment, investors seeking income should, in our view, cast their net wide if they want to capture the earnings and dividend growth of some of the world’s ‘best’ income-paying companies,” says Jupiter chief investment officer John Chatfeild-Roberts.

The fund has a broad remit and can invest in developed markets like the US, where dividends are at historically low levels, while exploring markets such as Brazil where economic growth is fuelling good company earnings that may lead to greater dividends.

The firm says the fund’s investment mandate allows the managers to exploit recent volatility by investing in companies that have seen their share prices fall despite still having the potential to increase dividends in future.

©2013 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST