JP Morgan Asset Management has launched an emerging markets fund combining investments in debt and equity, named
the JPMorgan Funds – Total Emerging Markets Income Fund.
Domiciled in Luxembourg, the fund will be co-managed by Richard Titherington, chief investment officer, emerging market equities, and Pierre-Yves Bareau, chief investment officer, emerging markets debt.
The duo will adopt a flexible, strategic asset allocation and active risk management through currency overlay and liquidity assessment.
The strategy combines top-down as well as bottom-up insights and targets 6% gross yield.
“Investors are increasingly realising emerging markets can be a source of growth as well as yield, but are mindful of managing volatility,” says Titherington. “Combining debt and equity exposure can offer diversification.”
Titherington and Bareau will be supported by a team of 75 investment professionals across eight locations.
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