LONDON: ​J.P. Morgan platform investors back the US in February

Mar 21, 2013

The latest monthly sales figures from J.P. Morgan Asset Management's online investment platform, WealthManager+, suggest an increased appetite for American markets, with four of the top 10 selling funds overall and five of the top 10 J.P. Morgan-managed funds being North American specialists.

The platform offers funds and investment trusts from J.P. Morgan Asset Management (JPMAM) and more than 25 external managers, which investors can hold in an Investment Account, Individual Savings Account (ISA), Junior ISA or Self Invested Personal Pension (SIPP).

The three top-selling funds overall in February – JPM US, JPM US Smaller Companies and Allianz Brazil – were the same for the fourth month in a row, although the second and third-placed funds switched positions relative to the previous months. They were joined in the top 10 by JPM US Select (5th) and JPM US Equity Income (7th). The latter recently surpassed £1bn of assets under management, underlining the appetite for overseas income strategies among UK investors. In the list of JPMAM-managed funds, JPMorgan American Investment Trust also made the top 10, in 10th position, while among third-party funds, Allianz US Equity (2nd) and Investec American (5th) were also favoured.

Elsewhere, Asian and emerging markets remained popular, with global and single-country funds occupying prominent positions in both the overall and third-party lists.

  Top Selling Overall - February
2 JPM US Smaller Companies
3 Allianz Brazil
4 JPM Emerging Markets
5 JPM US Select
6 JPMorgan Claverhouse Investment Trust
7 JPM US Equity Income
8 JPMorgan Indian Investment Trust
9 JPMorgan Elect - Managed Growth
10 JPMorgan Emerging Markets Investment Trust


  Top Selling Third-Party Funds - February
1 Allianz Brazil
2 Allianz US Equity
3 Aberdeen Asian Smaller
4 F&C Global Smaller Companies
5 Investec American
6 Henderson Smaller Companies
7 Aberdeen Emerging Markets
8 Henderson UK Equity Income
9 Schroder Asian Income
10 Baillie Gifford Japan


Keith Evins, Head of UK Funds Marketing at J.P. Morgan Asset Management, said: "What with the fiscal cliff, the sequester and the Dow Jones reaching an all-time high, the US has been prominent in the financial headlines this year both in terms of risks and returns. As the US is the largest stock market in the world it is natural that UK investors should want a piece of the action, although what is perhaps more surprising, given most investors’ natural home bias, is that only one fund in the overall top 10 list (JPMorgan Claverhouse) and two in the third-party top 10 (Henderson Smaller Companies and Henderson UK Equity Income) are focused on the UK"

J.P. Morgan WealthManager+

The J.P. Morgan WealthManager+ online platform allows customers to access a number of financial planning tools, such as the financial health check and a tool to evaluate attitude to investment risk to help with investment decisions. It is ideal for investors who want to take control of their financial future, offering a wide selection of investments, including OEICs, SICAVs and investment trusts from J.P. Morgan as well as funds from other leading fund managers, UK equities and ETFs. Investments can be held in an ISA, Junior ISA, SIPP or directly in an Investment Account.

J.P. Morgan Asset Management joins forces with WaterAid for ISA season

J.P. Morgan Asset Management is donating money to WaterAid for every J.P. Morgan Individual Savings Account (ISA) opened between the end of January and the end of April 2013. J.P. Morgan Asset Management will donate £15 for ISAs opened directly with J.P. Morgan by phone, post or online*, and is donating £40 for every brand new account opened through the WaterAid website.

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

Notes to Editors:

*This activity aims to raise up to £15,000 and is part of a wider corporate fundraising initiative for WaterAid through the work of the JPMorgan Chase Foundation in the U.K. The JPMorgan Chase Foundation is an affiliate of JPMorgan Chase & Co. Its mission is to be a catalyst for meaningful, positive and sustainable change within the highest-need neighbourhoods and communities across the world in which it works. The firm's philanthropic investments are directed toward Community Development, Education and Arts & Culture. In 2011, JPMorgan Chase and its Foundation gave more than $200 million through grants and sponsorships to thousands of not-for-profit organizations across 34 countries.

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.

Any past performance referred to in this material is not a guide to future performance and the value of investments, and any income from them, can fall as well as rise. Any tax concessions referred to are not guaranteed and their value will depend on the individual circumstances of investors. 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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