JPMAM To Launch Active Index Fund

JP Morgan Asset Management (JPMAM) is seeking to float an active fund, What Investment reports. The JPM U.K. Active Index Plus Fund is a rebrand of the firm’s U.K. Active 350 offering, adds MoneyMarketing.

The fund will continue to be actively managed by the same investment management team, led by Michael Barakos. The vehicle will also change its benchmark from the FTSE 350 Index to the FTSE All Share Index.

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