LONDON: J.P. Morgan Asset Management launches JPM Fusion Fund range

Mar 18, 2013

  • Dedicated J.P. Morgan Asset Management fund team combining skills from J.P. Morgan Investment Management and J.P. Morgan Private Bank
  • Five whole-of-market fund-of-funds tapping into asset classes and share classes that more traditional offerings are unable to access

J.P. Morgan Asset Management today launches an unfettered whole-of-market fund-of-funds range called the JPM Fusion Fund range.

The launch brings together a dedicated J.P. Morgan Asset Management fund team combining specialist skills from J.P. Morgan Investment Management and J.P. Morgan Private Bank, which has successfully run whole-of-market portfolios for many years.

Jane Nicholls, Head of UK Client Solutions at J.P. Morgan Asset Management, commented: "The combined expertise of our Investment Management and Private Bank businesses should not be underestimated. We have a consistently good track record in delivering whole-of-market investment solutions. Our ability to add value through manager selection and asset allocation is unrivalled as are our portfolio construction and risk management capabilities. Our size and scale enable us to tap into asset classes and share classes that more traditional fund-of-funds offerings in the market are unable to access."

The Fusion range consists of five fund-of-funds. They are actively managed and positioned at the following key points on the risk spectrum:

  • Income
  • Conservative
  • Balanced
  • Growth
  • Growth Plus

The investment funds are built and managed by an experienced team which consists of members of J.P. Morgan Investment Management and J.P. Morgan Private Bank and is led by Jonathan Shelon. In May 2013 Tony Lanning will be joining the team as lead fund manager.

Jamie Farquhar, Head of Sales for J.P. Morgan Adviser Solutions continued: "The transitional shift in the market post-RDR has seen the importance of outsourced investment solutions grow significantly. Indeed, over the last five years the fund-of-funds sector has seen a remarkable growth in funds under management. We firmly believe that we're offering an innovative and differentiated fund-of-funds solution for financial advisers and consumers."

Farquhar added: "Our Fusion Fund range is designed to offer advisers a competitive and comprehensive investment solution for clients' money, utilising J.P. Morgan Asset Management's long-standing investment. We have listened to both advisers' and clients' concerns and built this fund-of-funds range based on a simple and transparent charging structure. 2013 is an important year for advisers post-RDR and we will continue to provide intermediaries with products, on-going support, insight and expertise to help them navigate the challenges ahead. Our Fusion Fund range will play an important role."

The fund range is risk graded by Distribution Technology and Barrie & Hibbert and is available via J.P. Morgan Asset Management's usual distribution partners and retail platforms for intermediaries. It carries an annual management charge 0.75 % (C shares) + 0.18% (capped additional expenses) – excluding underlying funds fees and expenses and any applicable third party platform fees. For full details, please see the relevant KIID.

The investment team consists of members of J.P. Morgan Investment Management and the J.P. Morgan Private Bank and draws on experience of more than 160 years in building portfolios worldwide across a spectrum of asset classes. The team will design and position the risk-graded portfolios to achieve an appropriate degree of diversification, which will be managed dynamically based on the investment team's view of the market cycle.

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For further information please contact:
Sarah Godfrey
Telephone: 020 7742 5950

Lansons Communications
Victoria Murray
Telephone: 020 7294 3708

Notes to Editors

About J.P. Morgan Asset Management

J.P. Morgan Asset Management is part of JPMorgan Chase & Co. and is a global asset management leader providing world-class investment solutions to clients. With US$1.4 trillion in assets under management (the Asset Management client funds of JPMorgan Chase & Co. as at 31 December 2012) and offices in 41 locations around the world, J.P. Morgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes.

J.P. Morgan Asset Management is a trading name of J.P. Morgan Asset Management Marketing Limited, which has issued this material in the United Kingdom and which is authorised and regulated by the Financial Services Authority. Registered in England No. 288553. Registered office: 25 Bank Street, Canary Wharf, London E14 5JP.

Stock market linked investments carry a number of inherent risks. These risks will increase where fluctuations in exchange rates impact on the value of any underlying investments or where the investment is exposed to smaller companies or emerging markets. Investments in fixed income securities that are not rated as investment grade represent a greater risk to an investor's capital.


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