Jupiter Unit Trust Managers Ltd will extend its emerging market product capabilities on 1 November 2010 with the launch of the Jupiter Global Emerging Markets Fund. The Fund is an FSA authorised UCITS III unit trust which will be managed by Kathryn Langridge, who joined Jupiter's growing emerging markets desk in September.

The Fund will aim to achieve long term capital growth through investment in companies located in emerging economies worldwide, or based in developed economies but with exposure to emerging markets.  Kathryn has 27 years' experience in the investment management industry and a long track record of managing emerging market equities and investing in mid cap companies.

Kathryn is a bottom up stockpicker with an active and conviction-driven investment style. She differentiates her investment approach by focusing on the best quality companies likely to dominate their industry, seeking to identify those that generate good levels of earnings and dividend growth and who manage their capital efficiently. Risk will be monitored and Kathryn tends to invest by investing in a portfolio of about 60 to 70 stocks diversified across markets, sectors and capitalisation.

Kathryn plans to draw upon the research and experience of the highly- regarded emerging markets team at Jupiter. This team, which now manages over £1.3bn* includes Philip Ehrmann, manager of the Jupiter China Fund, Elena Shaftan, manager of the Jupiter Emerging European Opportunities Fund, Ben Surtees, manager of the Jupiter Asian Fund  and Avinash Vazirani, manager of the Jupiter India Fund. She will also seek to benefit from Jupiter's expertise in global financials and Socially Responsible Investing. This will supplement her own research which will cover 21 countries across Asia, the Pacific region, Latin America, Europe, the Middle East and Africa.

Kathryn Langridge, fund manager at Jupiter, said: "Emerging markets continue to offer investors a diverse range of opportunities. Despite resilient and superior economic growth, robust earnings and structural improvement, valuations remain reasonable and quality companies continue to offer considerable growth potential. This is in stark contrast to the West which has suffered a decade of underperformance and continues to struggle under a mountain of debt.

"The resilience of global emerging markets during the economic crisis has moved them to the centre stage of the global economy. These economies are expected to represent 37% of global US$ GDP in 2010** and that is set to increase. They are further strengthened by the impact of growing intra-regional trade and positive domestic growth drivers.

"When selecting stocks, I place emphasis on meeting management to identify strong, sustainable growth companies and I believe that valuation inefficiencies are often to be identified in the mid cap space. In my view, good capital management and high quality dividends are crucial aspects of total return. I look forward to working at Jupiter and aim to build a portfolio which will provide long term outperformance for my investors."

-ENDS-

*     Source: Jupiter as at 31.08.10
**   Source: IMFm Morgan Stanley research, August 2010                                                                        

NOTES TO EDITORS

JUPITER GLOBAL EMERGING MARKETS FUND

FSA authorised UCITS III unit trust
Launch date: 1 November 2010
Fund Manager: Kathryn Langridge
Benchmark: MSCI Global Emerging Market
Sector: IMA Global Emerging Markets
Fees for retail market: Annual Management Charge = 1.5%
 Initial Charge: 5.25%

Institutional share class available
Minimum investment (ISA and unit trust):
£500 lump sum    £50 monthly

Portfolio of around 60 to 70 stocks
Investing across the market capitalisation spectrum
Global view with no preferred area for investment
Objective to achieve long term capital growth 
 
Jupiter Asset Management Limited (JAM) is authorised and regulated by the Financial Services Authority and its registered address is 1 Grosvenor Place London SW1X 7JJ. JAM is a subsidiary of Jupiter Investment Management Group Limited and the group is collectively known as "Jupiter". The above commentary represents the views of the Fund Manager at the time of preparation and may be subject to change and this is particularly likely during periods of rapidly changing market circumstances. Their views are not necessarily those of Jupiter and should not be interpreted as investment advice. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.