Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

JPM Emerging Markets

Ranked 102 out of 147 in - Global Emerging Markets over 12 months
All calculations are in GBP

Managed by

Austin Forey

Austin Forey joined JP Morgan Asset Management as a portfolio manager for global emerging markets in 1994. His current responsibilities include management of the JPM Emerging Markets fund for which he adopts a bottom-up stock selection style. Forey initially joined the group as a research analyst focusing on engineering in 1988. He subsequently branched out to cover all financial sectors before being named deputy head of UK research. He also co-managed a mid-cap investment trust and two specialist unit trusts. Prior to joining the group Forey enjoyed an impressive academic career, earning a Bachelor’s degree and Ph.D in Modern Languages from Cambridge University.

Leon Eidelman

Colombian Leon Eidelman has been with JP Morgan Asset Management since 2002. Based in London, he is responsible for the emerging markets portfolios equities on all structured strategies. He manages the JPM Emerging Markets Opportunities fund and more recently took over the Emerging Markets Small cap fund. The best environment for his investment strategy is micro-driven and not macro-driven markets, giving a focus on bottom-up stock selection. His main investment style is growth and he tends to rotate his portfolio as he identifies market cycles. Leon is an economics graduate from Cornell University.

Objective

To provide long term capital growth by investing primarily in equity and equity-linked securities of emerging markets companies. Emerging Markets companies are companies that are incorporated under the laws of, and have their registered office in, an Emerging Market country, or that derive the predominant part of their economic activity from Emerging Market countries, even if listed elsewhere. Smaller companies may be held on an ancillary basis. Other instruments as permitted in the stated investment and borrowing powers of the Company including, but not limited to, fixed interest securities, cash and cash equivalents may be held on an ancillary basis, as appropriate.

Performance

Global Emerging Markets over : 31/08/2013 - 31/08/2014

Total Return

Quarterly Performance

to 29/08/2014 Annual Q1 Q2 Q3 Q4
2014 8.4% -0.9% 4.4% 4.9%
2013 -6.5% 6.0% -7.1% -3.6% -1.4%
2012 12.3% 9.7% -7.1% 4.1% 5.9%
2011 -17.8% -4.2% 0.2% -19.0% 5.7%
2010 23.0% 10.2% -7.5% 11.4% 8.3%
2009 54.6% 0.7% 15.6% 23.7% 7.3%
2008 -33.5% -11.3% -2.3% -17.7% -6.7%
2007 34.1% 2.8% 9.6% 10.5% 7.8%
2006 18.6% 10.7% -10.4% 6.7% 12.1%
2005 58.6% 4.7% 13.7% 21.6% 9.6%
2004 25.2% 10.7% -7.4% 10.5% 10.5%
2003 33.8% -5.1% 16.9% 13.2% 6.5%
2002 -15.0% 13.1% -15.1% -15.3% 4.5%
2001 -4.7% -5.4% 5.5% -28.2% 33.0%
2000 -20.2% 6.0% -2.4% -10.2% -14.1%
1999 75.4% 14.3% 22.9% -9.3% 37.8%
1998 -26.0% 7.5% -18.9% -27.5% 17.1%
1997 8.1% 19.0% 14.0% -0.4% -20.0%
1996 -4.3% 5.7% 5.2% -6.9% -7.6%
1995 -5.5% -1.0% -4.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2014

Top 10 Holdings

Stock Size
Housing Development Finance Corporation Ltd ORD 3.94
Samsung Electronics Co Ltd ORD 3.37
Taiwan Semiconductor Manufacturing Co Ltd DR 3.36
JPM Sterling Liquidity X Dis 3.16
AIA Group Ltd ORD 2.73
Tata Consultancy Services Ltd ORD 2.61
Hyundai Motor Co ORD 2.53
SABMiller PLC ORD 2.35
Ambev SA DR 2.33
MTN Group Ltd ORD 2.23
30/04/2014

Registered For Sale In

  1. Jersey
  2. United Kingdom

Fund Info

  • Launch date01/02/1994
  • Share Class size610Mn
  • Base currencyGBP
  • ISIN GB0030881550

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment100

Charges

  • Annual management1.5%
  • Initial investment3

Related News

JPM Emerging Markets

JPM reduces fees on Forey’s trust

JPMorgan has brought down its charges on the Emerging Markets Investment Trust managed by Austin Forey.

Performance review: why Charles Stanley backs the S&P 500

Director of wealth management Gerard Sweeting anticipates a continuation of the US rally, which he says will be supported by a shift away from money markets.

Fund of the Week: JPM Emerging Markets

Emerging markets, the key engines of global growth, were the standout performers in the first decade of the 2000s.

It's Woodford's time to shine: the funds James Brearley backs

James Brearley & Sons’ Philip Howe is backing a handful of renowned stockpickers to deliver.

JP Morgan closes Africa fund to new investors as specialist funds surge

JP Morgan has closed its Africa fund ito new investors following a surge in interest in specialist emerging markets funds.

2008 could be the year to buy emerging market funds

Investors should ride out the expected economic downturn by diversifying their portfolios and increasing their exposure to emerging economies, according to investment experts.

JPM's Forey expects domestic story to drive emerging markets

JP Morgan Asset Management’s Austin Forey believes the best opportunities in emerging markets can be found in firms positioned to benefit from a rise in domestic consumption.

Ten Sector Winners in the Citywire Top 100

Dan Nickols also won UK Smaller Companies Fund Manager of the Year; the nine other fund managers delivering the best risk-adjusted performance in their own individual sectors were.

Rated manager of the week: Austin Forey of JPMorgan

If you want to predict how industries are going to develop in emerging markets, look at the developed world, JPMorgan’s Austin Forey believes.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).