JP morgan

MULTI-ASSET

Low-cost active equity funds, launched to much fanfare two years ago, are failing to attract investor interest as they pass their second anniversaries.

Advisers are experiencing frequent problems with risk-adverse clients holding large amounts of cash, despite the menace of inflation, according to J.P. Morgan Asset Management.

J.P. Morgan (JPM) Asset Management is adding to its 21 strong range of investment companies with the launch of a Global Convertibles Income trust.

J.P Morgan Asset Management has launched an online portal to help advisers deal with their clients' income-related needs.

The New York Attorney General has sued J.P.Morgan Chase for allegedly defrauding investors who lost billions of dollars on mortgage-backed securities sold by Bear Stearns.

JP Morgan Asset Management has outlined its plan to offer three share classes post-Retail Distribution Review (RDR) and has placed the onus on advisers to pick the right share.

Some 80% of people earning more than £50,000 a year will seek out some sort of professional financial advice, according to research released today.

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