LONDON: JPMorgan Overseas analyst team members honoured in the Thomson Reuters Extel Europe Survey 2013. Fourth win in a row for European research team
Jun 20, 2013
JPMorgan Overseas Investment Trust has received important external validation of its research-driven investment process in the form of a fourth consecutive win for J.P. Morgan Asset Management in the Thomson Reuters Extel Europe Survey.
J.P. Morgan Asset Management (JPMAM) has been awarded Leading Fund Management Firm for the fourth year in a row in the 2013 Thomson Reuters Extel Europe Survey. In addition, JPMAM was ranked top buy-side firm in 24 of the 32 sectors surveyed, and analysts from its London-based research team earned top rankings in 19 sectors.
Currently, JPMorgan Overseas is the only way for UK retail investors to get access to the best thinking of J.P. Morgan Asset Management's research-driven global equity team. This team includes analysts based in the US, Asia and Japan, in addition to the London-based European team named in the Thomson Reuters Extel Survey. JPMorgan Overseas has a proven record of success in using the research generated by JPMAM's large team of analysts to identify attractive investment opportunities.
Jeroen Huysinga, portfolio manager of JPMorgan Overseas Investment Trust, said: "What gives us our competitive advantage is the 60 experienced research analysts we have around the world, in Tokyo, Singapore, London and New York. They have been through all the market cycles, and they are genuine experts in the companies in their sector – they know their suppliers, their competitors; they know their universe inside out with incredible focus and specialism. Many of them have achieved independent recognition through prestigious analyst prizes such as this one awarded to the European team by Thomson Reuters Extel."
The 2013 Thomson Reuters Extel Survey reflects the contribution of 2,500 buy-side firms, 250 brokerage firms/research houses and 950 of Europe's largest quoted companies. Voting was conducted primarily online and ran from 25 March to 3 May 2013.
Huysinga added: "We have a very clear investment process, and we are as focused on valuation in the stocks we already hold as in those we are considering for inclusion in the portfolio. In addition to the strength in depth of our global analyst resource, that discipline is what distinguishes us from a lot of the competition. It is a process of constant challenge – and from that challenge, the highest conviction ideas are located and put in the portfolio."
JPMorgan Overseas Investment Trust has been managed by Huysinga using the best stock ideas from JPMAM's global network of analysts since October 2008, during which time it has outperformed its benchmark, the MSCI All Country World Index, by an average of 3% a year net of fees (30 September 2008 - 31 May 2013. Past performance is not a guide to the future.)
The trust has a base management fee of 0.4% plus a performance fee. For the financial year ended 30 June 2012 its ongoing charges (including the impact of performance fees paid) were 0.69%.
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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$1.5 trillion in assets under management (the Asset Management client funds of JPMorgan Chase & Co. as at 31 March 2013) 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.