Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

JPM reopens blockbuster Asian equity fund

JPM reopens blockbuster Asian equity fund

JP Morgan has reopened the Luxembourg-domiciled version of its ASEAN equity fund with assets having fallen nearly $400 million since it was soft-closed in April 2013.

The JPMorgan ASEAN Equity fund, which is run by Pauline Ng (pictured), was closed to new investments after assets reached $1.2 billion.

JPM saw assets fall to $1.04 billion in the months following the application of capacity constraints.  According to the fund’s latest factsheet, its assets under management stand at $854 million as of February 12 2014.

It was originally closed in order to protect the capital of existing investors following a period of rapid inflows into the fund.

Ng, who runs four funds in total for JPM, is based in Singapore. She is supported on the JPM ASEAN Equity fund by Sarinee Sernsukskul and Changqi Ong.

The JP Morgan ASEAN Equity A Acc USD fund has returned 14.1% over the three years to the end of January 2014. This compares to a rise of 11.39% by its Citywire benchmark, the FTSE World Asia Pacific ex Japan TR USD, over the same period.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Pauline Ng
Pauline Ng
3/10 in Equity - ASEAN (Performance over 3 years) Average Total Return: -10.47%
Sarinee Sernsukskul
Sarinee Sernsukskul
4/10 in Equity - ASEAN (Performance over 3 years) Average Total Return: -10.47%
Chang Qi Ong
Chang Qi Ong
5/10 in Equity - ASEAN (Performance over 3 years) Average Total Return: -10.47%
Citywire TV
Play Hugh Yarrow: Why the equity income sector needs fixing

Hugh Yarrow: Why the equity income sector needs fixing

Hugh Yarrow's Evenlode Income fund was recently removed from the Investment Association's UK Equity Income sector.

Play GAM charity football tournament: the live draw

GAM charity football tournament: the live draw

Former Chelsea and England footballer Graeme Le Saux visits Citywire to make the draw for the tournament, where all proceeds going to Wheels for Wellbeing.

Play FIFA, Panama Papers…and what everyone’s getting wrong

FIFA, Panama Papers…and what everyone’s getting wrong

VIDEO: Investigative reporter Jeffrey Robinson reveals how major corruption scandals are being mishandled and what to expect next.

Your Business: Cover Star Club

Profile: JPM Wealth MD on breaking the glass ceiling

Profile: JPM Wealth MD on breaking the glass ceiling

During her tenure at JP Morgan, the private bank has changed the way it segments clients in a bid to improve focus

Wealth Manager on Twitter