Treasury Management Internation Logo

J.P. Morgan Asset Management Launches Funds Business For Wholesale Investors in Australia

Published 

Introduction of JPMorgan Global Strategic Bond Fund and JPMorgan Emerging Markets Opportunities Fund

Hong Kong: J.P. Morgan Asset Management today expanded its presence in Australia with the launch of a wholesale business including two new funds, JPMorgan Global Strategic Bond Fund and JPMorgan Emerging Markets Opportunities Fund.

George Gatch, chief executive officer of J.P. Morgan Asset Management’s Global Funds Management business, said, “We believe there is a significant market opportunity for our global funds in the Australian wholesale market which accounts for an estimated A$500 billion. We have a strong presence across the Asia Pacific region and this launch will extend our comprehensive investment capabilities to Australian investors, while underscoring our commitment to the Australian market.”

Commenting on the announcement David Hallifax, head of Australia Funds, J.P. Morgan Asset Management, said, “Over the past six months, we have consulted with platform providers, research houses and dealer groups to identify how our investment solutions can best meet investor needs.

“Our expansion into the wholesale market and the launch of these products is in response to the growing demand for unconstrained fixed income and global equities investments and will enable investors to gain direct access to J.P. Morgan’s international expertise and insights,” he added.

The JPMorgan Global Strategic Bond Fund is an unconstrained strategy that focuses on the best investment ideas from a diversified opportunity set across the global fixed income and currency markets. J.P. Morgan Asset Management manages USD$4.6 billion in unconstrained fixed income.

“Unlike many traditional fixed income funds that seek to outperform a stated benchmark, the JPMorgan Global Strategic Bond Fund is agnostic to its benchmark. This means that we have the flexibility to implement our most compelling trade ideas without being tied to any country, sector, or duration target and allows us to focus on such opportunities across the market cycle,” Mr Hallifax said.

The JPMorgan Emerging Markets Opportunities Fund seeks to outperform the MSCI Emerging Markets Index (Total Return Net) using a concentrated, high conviction, value-orientated portfolio strategy. The fund provides access to in-depth research covering almost 700 emerging markets companies. J.P. Morgan Asset Management manages USD$5.3 billion in this strategy globally.

“With valuations of emerging market equities trading around the 1.5 price-to-book multiple, this has traditionally been a good entry point for investors. We believe that adding exposure to Emerging Market equities at current valuations will benefit investors in the long term,” Mr Hallifax commented.

Mr Hallifax joined the firm in January last year to lead the development of J.P. Morgan Asset Management’s wholesale business in Australia, reporting to Jed Laskowitz, J.P. Morgan Asset Management Asia Pacific’s chief executive officer. David was previously head of Retail Distribution for Schroder Investment Management Australia Limited and brings over 12 years’ industry experience to the firm.

J.P. Morgan Asset Management started operating in Australia in 2010, with a range of tailored investment solutions, to service institutional investors.

Remarks:

[1] The funds mentioned in this news release are intended to be made available for direct investment to wholesale clients only, other persons may invest indirectly through wholesale platforms such as investor directed portfolio services (IDPS), IDPS-like schemes and other trading platforms.
[2] This news release contains only factual information, which is not intended to be and must not be taken as financial product advice. Independent advice must be obtained before making any financial decisions.
[3] The Investment Manager seeks to achieve the stated objectives. There can be no guarantee the objectives will be met.
[4] All data is as at 31st December 2013 and sourced from J.P. Morgan Asset Management.  

 

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55

Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...

23:55