more than meets the eye?

Professional Adviser
clock

JPMorgan asserts its Peg fund has outperformed its FTSE All-Share benchmark in each of the 14 years since it was started, but, as Kira Nickerson discovers, it hasn't always been plain sailing

The Save & Prosper Premier Equity Growth (Peg) fund is a name from the past for most intermediaries - a core UK equity holding through much of the early 1990s. But while it may appear to have disappeared off the radar screens, despite the numerous name and manager changes, the portfolio still exists and has continued to be managed in the same fashion throughout the past 14 years. Now called JPMorgan Peg, the fund has some £718m in assets and currently sits at the bottom of the IMA's UK All Companies sector over the three months to 9 July - and also does over one and three years, although i...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •