JP Morgan Asset Management has launched an unregulated whole-of-market fund-of-funds range known as the JPM Fusion Fund range, with a strategy to tap into asset classes and share classes that more traditional offerings are unable to access.
The Fusion range, which comprises five fund-of-funds, has been developed leveraging the expertise of both Asset Management and Private Bank operations, according the US based financial conglomerate.
JP Morgan Asset Management UK Client Solutions head Jane Nicholls said, "Our size and scale enable us to tap into asset classes and share classes that more traditional fund-of-funds offerings in the market are unable to access."
In order to ensure maximum return, the funds are actively managed and positioned at the income, conservative, balanced, growth and growth plus on the risk spectrum:
The investment funds are built and managed by an experienced team headed by Jonathan Shelon and Tony Lanning is expected to join the team as lead fund manager in May 2013.
In order to realize an appropriate degree of diversification, the team will design and position the risk-graded portfolios, which will be managed dynamically based on the investment team’s view of the market cycle.
JP Morgan Asset Management manages offices in 41 locations across the globe and offers global coverage with a strong local market presence, and leadership positions in most asset classes.