JP Morgan launches global sustainable fund

JP Morgan ESG

5 February 2021
| By Chris Dastoor |
image
image
expand image

JP Morgan Asset Management (JPMAM) has launched the JPMorgan Global Macro Sustainable fund in Australia.

The strategy was launched in Europe in August 2019 and was run by the same investment team as the JPMorgan Global Macro Opportunities fund who sought to capitalise on return opportunities presented by macroeconomic themes.

The fund would hold long and short exposures across equity, fixed income, currency and volatility, with environmental, social and governance (ESG) risk analysis integrated into investment decision making.

Exclusions were applied to certain industries and sectors which included weapons, tobacco and fossil fuels and the security-weighted ESG score for each asset class was maintained above the median of its universe.

David Hallifax, head of Australia funds for JP Morgan Asset Management, said client demand for sustainable investing continued to grow in Australia.

“This fund stands out as a liquid alternatives portfolio that reflects the shared values of our clients through a three-step approach, combining ESG integration in the research process with systematic exclusions and positive sustainable positioning,” Hallifax said.

“As the macro landscape continues to evolve, our macro strategies investment team have demonstrated, time and again, their expertise in dynamically shifting exposures to pursue positive returns in varying market environments.

“In light of the increased volatility this year, it’s arguably more important than ever for investors to have exposure to flexible strategies and we’re excited to be able to offer such a well-considered and timely investment opportunity to our clients.” 

According to FE Analytics, since its inception on 2 May, 2016, to 31 December, 2020, the Global Macro Opportunities fund returned 33.93%.

Performance of the JP Morgan Global Macro Opportunities fund since inception to end of 2020

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 5 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 3 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

6 days 6 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

5 days 10 hours ago