Jupiter Fund Ditches US Treasuries in Favor of European Bonds

Jupiter Asset Management cut US Treasury holdings to 0% in one of its main bond funds, shifting into European government notes. The fund also increased its large exposure to emerging-market assets instead. Overall, the move signals a risk-off rotation away from Treasuries toward non-US sovereigns and EM, which may modestly influence investor positioning.

Analysis

Jupiter Asset Management cut US Treasury holdings to 0% in one of its main bond funds, shifting into European government notes. The fund also increased its large exposure to emerging-market assets instead. Overall, the move signals a risk-off rotation away from Treasuries toward non-US sovereigns and EM, which may modestly influence investor positioning.