LONDON: Asia and Europe rise up the ranks of J.P. Morgan platform bestsellers
Feb 14, 2013
The latest monthly sales figures from J.P. Morgan Asset Management's online investment platform, WealthManager+, show a rise in popularity for European and Asian fund choices, although the US and Latin America still top the charts overall.
The platform offers funds and investment trusts from J.P. Morgan Asset Management 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 January – JPM US, Allianz Brazil and JPM US Smaller Companies – have retained their positions for the third month in a row. Indeed, the overall top 10 is little changed from December's list. The two new entrants were both European specialists, with JPMorgan European Smaller Companies Trust in sixth place and JPM Europe just making the list at number 10. Allianz Brazil is the only non-J.P. Morgan-managed fund in the overall top 10 this month.
It was almost all-change in the top 10 third-party funds in January, however. While Allianz Brazil remains top, Allianz US Equity slipped to third, with the only other fund present in the December top 10 – Aberdeen Asian Smaller Companies – shooting up the list from seventh to second place. Of the seven new entrants, five are Asian-focused, meaning there are six Asian funds overall in the top 10 third-party choices. These range from single-country China and Thailand specialists to Japan and regional Asia Pacific funds. None of the six income specialists in last month's top 10 appears in January, although Artemis High Income is a new entrant.
|Top Selling Overall - January|
|3||JPM US Smaller Companies|
|4||JPM Emerging Markets|
|5||JPMorgan Emerging Markets Investment Trust|
|6||JPMorgan European Smaller Companies Trust|
|7||The Mercantile Investment Trust|
|8||JPMorgan Global Emerging Markets Income Trust|
|9||JPMorgan Claverhouse Investment Trust|
|Top Selling Third-Party Funds - December|
|2||Aberdeen Asian Smaller|
|3||Allianz US Equity|
|4||First State Greater China Growth|
|5||Aberdeen New Thai|
|6||Invesco Perpetual Hong Kong & China|
|7||First State Asia Pacific|
|8||Artemis High Income|
|9||Jupiter European Opportunities|
|10||Baillie Gifford Japan|
Keith Evins, Head of UK Funds Marketing at J.P. Morgan Asset Management, said: "While there has not been much change in the overall top 10 between December and January, it is really interesting to note the change in composition of the top 10 externally managed funds from one month to the next. We seem to have seen a big 'risk on' move, with investors choosing some quite esoteric Asian options such as the single-country Thai specialist, in place of the less racy income funds they favoured at the end of 2012. With markets having started 2013 in exuberant mood so far, it will be interesting to see how this trend develops."
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. *
- Ends -
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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.
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.