View more on these topics

JP Morgan fund aiming to tap into global trends

JP Morgan has launched a fund that taps into the growing consumer and behavioural patterns in both Western and Eastern markets.

The global consumer trends fund will be managed by Peter Kirkman. It invests in 40 to 100 stocks focusing on the three main investment opportunities of demographic changes, wellness and health and aspirations and luxury.

Head of UK sales Jasper Berens says the fund will aim to take advantage of three developing global themes – healthcare among the elderly, young people embracing mobile technology and strong demand for consumer and staple and luxury goods from emerging nations such as India and China.

Berens says: “We feel this fund offers a great unconstrained approach to investing in evolving consumer and domestic trends globally. It is an offering which has not been run previously and offers great prospects for investors.”

Recommended

HBOS targets expats with offshore arm

HBOS has launched Halifax International, an offshore savings arm for British expats. It is offering a variable web saver and a regular saver account denominated in sterling, euros or dollars.

King called on to back British economy

Alexander Hall chief operating officer Andy Pratt is calling on Bank of England governor Mervyn King to show solid support for the UK economy.Pratt says the financial markets are getting little backing from the Bank of England or the Government, with King notable by his absence from the public eye.He says: “Where is Mr King? […]

Forget about sympathy and get on with the job

I was intrigued by the outpouring of sympathy for the plight of lenders, expressed by a number of distributors in an open letter to intermediaries. I am not sure what the letter intended to achieve. It pointed out that times are tough and that lenders are experiencing funding problems and are trying to protect their […]

FTBs face 35% hike in mortgage fees

First-time buyers could face a 35 per cent increase in their mortgage fees, according to mform.co.uk. The online mortgage company says bigger fees, smaller discounts and higher rates are three factors affecting the price of first homes.It says average fees on the top five first-time buyer mortgages have shot up by around 35 per cent […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment