Up to 25% of the trust’s total assets can be invested frontier markets, which Teverson believes will help diversify risk and increase the potential for enhanced returns.
It will be unconstrained by a benchmark and follow the same bottom-up stock picking process as Jupiter’s existing EM strategies.
John Scott will take the role of chairman of the newly-launched trust which he said offered an “exciting opportunity” for wealth managers to access the market.
He said: “We feel there is a growing appetite for emerging and frontier market exposure, particularly when this can provide investors with an attractive yield, and this has been reflected in recent feedback received by Jupiter.”
