JPMorgan Unveils EM Fund
JPMorgan Asset Management has set up the JPM Emerging Markets Multi-Asset Fund.
JPMorgan Asset Management has set up the JPM Emerging Markets Multi-Asset Fund, What Investment reports. The new fund, which will be domiciled in Luxembourg, will be managed by Nadia Grant and the company’s global multi-asset group of 50 investment professionals. Initially, the portfolio will be divided between equities, managed by CIO of emerging market equities Richard Titherington, and fixed income, which will be managed by CIO of emerging market debt Pierre-Yves Bareau. The fund will adopt a futures overlay strategy to provide capital growth through investment in actively managed portfolios of equities and bonds of emerging market companies and sovereign issuers.
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