Jupiter Unit Trust Investments is renaming and changing the benchmark of its £35 million environmental income fund, Financial Times reports. The product will be renamed the Jupiter Responsible Income fund and continue to be run by Christopher Watt. The fund’s benchmark will be changed from the FTSE All-Share to the FTSE 4 Good index. The changes to the investment strategy will allow the vehicle to also contribute to several resources companies which were previously barred under the product’s green investment screen.
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