JPMF makes socially-aware market debut

JP Morgan Fleming (JPMF) has made its first foray into socially responsible investment with the launch of an offshore global equity fund. Domiciled in Luxembourg, the JPMF Global Socially Responsible fund, to be managed by Hugo Alexander, is the re-engineering of a global small-cap fund and invests in companies included in the FTSE4Good index. Boudewijn Hoogenraad, head of publishing at JPMF, said the FTSE4Good index has outperformed normal global indices and the demand for this type of investment has increased. The fund will replace the small-cap portfolio, which will cease to exist ...