Jupiter Strategic Bond Accumulation
HL comment
Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.
Information from the fund manager
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.
HL group comment: Jupiter
Our view on this Fund Management Group as a whole
Jupiter was set up in 1985 and has grown to be one of the UK's most successful and respected investment management groups today. They currently manage more than £20 billion worth of assets spread across a range of UK and offshore funds, multi-manager products, hedge funds, institutional mandates and investment trusts. For over twenty years, Jupiter has gained a reputation for achieving outperformance across a broad variety of portfolios specialising in different markets, including UK income, Europe, global financials and emerging Europe. In March 2007, Jupiter completed a management buyout (MBO) and re-gained its independence from Commerzbank, a leading German Bank which had purchased Jupiter in 1995. This MBO was completed with the key staff and fund managers having equity stakes representing their long term commitment to the business. This has been welcome news for Jupiter as its future success is now aligned directly with investors.
13-09-2007
HL sector comment: GBP Strategic Bond
Our view on this sector
Yields on many investment grade and higher risk high yielding bonds have gone up dramatically in the last few months as many investors have sold forcing prices down and yields up. The level of defaults being priced in looks historically high and are far greater than seen during the Great Depression giving an opportunity for investors to tap into high yields and potentially capital growth as global economic concerns ease. Recent sector changes make it easier for investors to compare like with like in the corporate bond universe.
20-11-2008