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Jupiter to launch equity income fund for Radcliffe and Herbert

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Gregory Herbert

Jupiter has unveiled a global equity income fund for Sebastian Radcliffe and Gregory Herbert.

The Jupiter Global Equity Income fund launched this week and aims to achieve a high and rising income with the prospect of capital growth through investing in global equities.

Radcliffe manages the £486.6m Jupiter North American Income fund and is responsible for just over £650m in US assets across three funds at Jupiter.

Herbert was recently named manager of the £36m Jupiter European Income fund. He also runs the European portion of the £281m Jupiter Global Managed fund.

Jupiter chief investment officer John Chatfeild-Roberts says: “Both Sebastian Radcliffe and Gregory Herbert bring strong fund management track records to their new role as co-managers of the Jupiter Global Equity 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.”

Whitechurch Securities head of investment research Ben Willis says: “Jupiter has capability in all areas and, with Radcliffe at the helm, I think this fund is in pretty safe hands. There is the ammunition to create a good fund here.”

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