Jupiter has launched Jupiter Merlin Real Return, a UK domiciled unit trust managed by Jupiter’s independent funds team. The fund, a UK-domiciled non-UCITS retail schemes (NURS) version of the Jupiter Merlin Real Return Portfolio (SICAV), is an actively managed multi-manager portfolio. It aims to deliver a return of 3 percent net of fees above the consumer price index over three-year periods. The fund will focus on investing in long-short equity absolute return strategies, but the team will also invest in selected equity funds and physical gold. They plan to hold around 63 percent in absolute return funds, 27 percent ...