JPMorgan Asset Management has unveiled a new Japan market portfolio, Financial Times reports. The Japan Market Neutral fund plans to achieve an absolute positive return in excess of cash and generate the return via bottom-up stock selections based on valuations.
The Luxembourg-domiciled Ucits III fund will be benchmarked to the British Bankers’ Association (BBA) Libor Japanese Yen Spot Next. The fund, which is denominated in yen, is managed by Kaori Tsujino.
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