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What's New In Investments, Funds? - BlackRock, Jupiter, Others

Editorial Staff

20 September 2018

has launched the Jupiter Flexible Income Fund, a sub-fund of The Jupiter Global Fund SICAV. 

Managed by head of strategy, multi-asset, Talib Sheikh, the fund will look to harvest a sustainable level of regular income across multiple asset classes on a global basis. 

Initial yield is estimated to be 4-6 per cent with the prospect of capital growth over the long term (three to five years).

Sheikh joined Jupiter in June this year from JP Morgan Asset Management, where he worked as a managing director and portfolio manager for nearly 20 years.

BNP Paribas Asset Management
has launched a sterling accumulation share class for Parvest Disruptive Technology, the fund that takes advantage of  technology themes such as cloud computing, robotics, automation, the internet of things and artificial intelligence.

The launch comes as UK-based investors and fund selectors increasingly look to access investments in technologies that enable transformative business models and allow companies to improve efficiencies and offer new products and services.  

Parvest Disruptive Technology is a sub-fund of BNPP AM’s Luxembourg-domiciled Parvest SICAV and is managed by BNPP AM’s global specialist and thematic equities teams, supported by a global network of in-house analysts. 

The lead manager is Boston-based Pamela Hegarty, who has more than 20 years of investment experience.  Hegarty and the team combine top-down thematic and macroeconomic analysis with bottom-up fundamental research at stock and industry level to identify the enablers and adopters of disruptive technology and capture long-term structural trends across regions and sectors.