Jupiter Asset Management (the Group) announces the launch of the Jupiter Global Government Bond Active UCITS ETF, the Group’s first Exchange Traded Fund (ETF), in partnership with white-label ETF specialist, HANetf.

Jupiter has been exploring new methods of delivery for its products and how a wider range of clients can access its broad investment expertise. With more flexible execution, a high degree of transparency and competitive pricing, active ETFs provide an alternative and democratic access point for clients. Consistent with Jupiter’s truly active high-conviction investment management approach, actively-managed ETFs also offer investors the potential for higher returns than traditional passive products.

The Jupiter Global Government Bond Active UCITS ETF, or GOVE, aims to outperform traditional sovereign bond investments by offering a diversified portfolio of developed and emerging market government debt, with a low correlation to equities and other risk assets. With their complexity, potential for market inefficiencies, and sensitivity to macroeconomic factors, Global Sovereign Bonds are an ideal asset class for an active ETF.

The fund is managed by Vikram Aggarwal, sovereign debt investment manager, who has been at Jupiter since 2013. The fund’s investment strategy focuses on identifying mispricing in the sovereign bond market by comparing our perception of the current economic regime to market expectations. This contrarian approach seeks to capitalise on opportunities where there is a significant divergence between the perceived and actual economic conditions.

Matthew Beesley, CEO of Jupiter, said:

We are pleased to partner with HANetf for the launch of our first active ETF. We have been exploring new ways to provide clients with access to Jupiter’s broad investment expertise and the launch is part of that strategy. We know that the greater transparency, speed of execution and competitive pricing points mean that clients are looking to increase their exposure of active ETFs. We believe Jupiter’s truly active investment approach and differentiated product offering leave us very well placed to grow assets in this exciting new area.

Hector McNeil, Co-Founder and Co-CEO of HANetf, said:

“We are delighted to work with Jupiter on its first active ETF at this pivotal time for the market. Net inflows into active ETFs from clients based in Europe increased by more than 50% between the first and second quarters of 2024. Total assets under management in Europe are now over $41bn and as clients increase their allocations, we are seeing a very healthy growth dynamic.”

Source: Jupiter