LONDON - Jupiter Asset Management has started a second environmentally responsible investment fund.

The Jupiter Global Green Investment Trust is to invest in companies that provide solutions to environmental problems. It will focus on water recycling, waste minimization, public transport, and food manufacturing.

The fund is to be run by Simon Baker, head of Jupiter's "green" investment department. Mr. Baker also manages the Jupiter Green Investment Trust.

The fund will be open to institutional and individual investors.

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