J. P. Morgan Asset Management (JPMAM) has officially launched its Multi-Asset trust, managed by Gareth Witcomb and Katy Thorneycroft, raising more than £90m but not reaching its £150m fundraising target.
The board confirmed 93,089,092 ordinary shares were issued and the initial public offering (IPO) raised £93.1m. In the trust's prosectus and previous statements from the group it said it was targeting...
Paul Bruns and Elaine Parkes
3,000 left to transfer
Record numbers of people aged 90 plus
From 3 to 10 October