JP Morgan Asset Management launches EM multi-asset fund
JP Morgan Asset Management has launched an emerging markets multi-asset fund with a 50 per cent allocation to bonds and 50 per cent to equities.
The Luxembourg Sicav is managed by client portfolio manager Nadia Grant, who allocates between the bond and equity components of the fund and has responsibility for the fund’s futures overlay.
The fund’s fixed income allocation is managed by head of the emerging markets debt team Pierre-Yves Bareau and the equity portion is overseen by chief investment officer of emerging equities Richard Titherington.
The fund will target a 3 to 3.5 per cent yield.