Launches & Closures

Ex-RWC pair launch a UCITS hedge fund at Jupiter


Jupiter Asset Management has launched a strategic total return fund run by former RWC Partners duo Miles Geldard and Lee Manzi.

The pair, who came from RWC Partners and have worked together for 12 years, are also managing a long-only global convertibles fund.

Lee Manzi

The Jupiter Strategic Total Return Fund is a UCITS III sub-fund of the Luxembourg-domiciled Jupiter Global Fund SICAV.

The new funds use an investment process that blends top down macro-economic analysis with quantitative and qualitative research.

Geldard says: “A key factor in the management of the Jupiter Strategic Total Return Fund is the flexibility we have to back our convictions from an actively managed portfolio of different asset classes, including equities, bonds,