View more on these topics

JPM gets smart with new fund

JP Morgan Fleming Asset Management has introduced the JPM Europe smart index fund.

The fund is Luxembourg-based and is aimed at cautious investors who are looking to add a European fund to their existing portfolio. It is denominated in Euros.

JPM Europe smart will partly track the MSCI Europe index, and will partly be managed by team of 16 analysts. They will seek to identify companies that have long term investment potential. The fund team will cover a wide range of sectors, from telecommunications and technology to pharmaceuticals and oil, with the emphasis on low risk companies.

Passive funds that contain a degree of active management are not a new idea and have become increasingly common in the last few months as they offer a halfway house between active and passive management. However, like many other stockmarkets, Europe has seen its share of market volatility and it is uncertain when this will end.

According to Standard & Poor’s the JPM Europe equity fund is ranked 128 out of 151 funds, based on £1,000 invested on a bid to bid basis with gross income reinvested over three years to April 2, 2001.

Recommended

NU goes green for the future

NORWICH UNIONSustainable FutureType: Oeic.Aim: Growth by investing in socially responsible companies via Norwich Union funds.Minimum investment: Lump sum £500 monthly £50.Investment split: Any proportion of corporate bond, UK growth, absolute growth, global growth, managed and European growth.Isa link: Yes.Pep transfers: Yes except absolute growth and global growth.Charges: Initial 4 per cent, annual – corporate bond […]

Poorly state of health warnings

I heard an interesting interview on Radio 4 with a spokesman from a leading mortgage broker who came out with a remarkable statement. Having warned about the risks of currency rate fluctuations, he concluded that the recent changes in Japan would have little effect on demand because “people are generally risk-averse when it comes to […]

Axe hanging over seller&#39s packs as the general election looms

Seller&#39s pack legislation could be dropped if it fails to navigate its way through fierce opposition from the House of Lords and Tory MPs before the general election. The legislation had its second reading in the Lords last week, where it came under fire from peers who slammed the pilot trial for the packs as […]

Unum takes over Zurich Life Group IP book

Unum has announced it is taking over Zurich Life&#39s group income protection business following Zurich&#39s decision to concentrate on individual protection. The 1,000 strong claims book will be managed by Unum subsidiary Claims Services International. The transfer took effect on April 1 and Unum says it will allow it to further its strong presence in […]

Why prevention is better than cure

Quoting the famous adage, prevention is better than cure; there are many proactive benefits that can improve wellness in the workplace, decrease stress, increase staff morale and reduce absenteeism, as well as attracting and retaining employees of a higher standard. With a recent study showing that employees in Britain are working below peak productivity, preventative benefits can ensure you address potential health issues or causes of stress at their source and ensure productivity in the workplace remains at an optimum level. With this in mind, how are you using preventative benefits to help keep your workforce happy and healthy?

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment