JPMorgan Fleming Asset Management said today that across most of its fund range, it is currentl...
JPMorgan Fleming Asset Management said today that across most of its fund range, it is currently business as usual and it is accepting orders for all funds. However, for any market which is closed, for example the markets in the US, Malaysia, Taiwan and Thailand, or for any fund with significant exposure to the US market, or where it is unable to establish fair value, it will defer execution of orders until such time as a fair market can be established.
At this point, this includes a number of funds (please use the link on the right hand side of this page for a list)
JPMorgan added that it remains committed to providing dealing facilities and fund pricing wherever possible. The group said: "We will, of course, continually review the situation in the light of market developments and will provide further information as necessary. We believe this decision is right for our investors and the right response to the situation in the US.
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