Jupiter to launch new emerging Europe fund

The Jupiter New Europe fund, aimed at professional investors, will have a different mandate to the existing Jupiter Emerging Europe Select fund. While primarily investing in Central and Eastern Europe, Russia, Turkey and non-European former Soviet states, the fund can also invest up to a third of its assets in western European companies. The fund will be jointly managed by Jupiter's emerging European equities team of Elena Shaftan, Ingrid Kukuljan and Colin Croft. Domiciled in Luxembourg, the new Europe fund will have a minimum investment of £1,000, €1,000 or $1,000 as well as a 5% initi...