Wealth Manager - the site for professional investment managers

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

JP Morgan brings Global Allocation fund to UK

JP Morgan has launched its Global Allocation strategy, which has a three-year record in the US, into the UK.

The Global Allocation fund will be managed by: Citywire + rated Talib Sheikh, who already runs several other multi-asset products at the group; Jeffrey Geller, chief investment officer for the firm’s US global multi-asset team; James Elliot, the London-based chief investment officer of JP Morgan’s international global multi-asset group; and Jonathan Cummings, a former JP Morgan private banker now on its global multi-asset desk.

The US version of the fund – which is also managed by Geller, Elliot and Cummings – has returned an annualised 6.6% since inception in May 2011 compared with an average of 5.6% from its Global Flexible Portfolio Funds peer group.

The UK fund will have a composite benchmark of global equities and bonds; in the US portfolio, the greatest weightings are currently 35.6% to US equities, 23.1% to international equities, and 12.3% to high yield bonds.

The fund’s annual charge will range from 0.65% to 1.25% depending on the share class.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Play Carmignac's Crowl: what QE could mean for Europe

Carmignac's Crowl: what QE could mean for Europe

The ECB is widely expected to finally fire its QE gun this week. Carmignac's Sandra Crowl discusses the implications for the eurozone.

Play Grexit worries, currency wars and a grizzly outlook for 2015?

Grexit worries, currency wars and a grizzly outlook for 2015?

The first Investment Pulse of the year looks at the potential impact of Greece leaving the euro, volatility in currency markets and the UK’s economic prospects.

Your Business: Cover Star Club

Profile: DIY investing is biggest threat to industry, says Whitechurch

Profile: DIY investing is biggest threat to industry, says Whitechurch

The industry is at risk of pushing potential investors down the DIY route unless it does more to make its services accessible says the Whitechurch Securities boss

Wealth Manager on Twitter