JP morgan

MULTI ASSET

An adviser has won £20,000 after topping the J.P. Morgan Telegraph Fantasy Fund Manager competition.

BETA

AFRICA

J.P. Morgan has launched the J.P. Morgan Macro Hedge Dual TR Source ETF in conjunction with Source. The Dublin-domiciled fund combines US and European volatility exposure in a single product.

Ian Hannam, the chairman of capital markets at JP Morgan Cazenove, is understood to have resigned today after the Financial Services Authority (FSA) indicated it would fine him £450,000 for market abuse.

RISE OF THE INTELLIGENT ETF

Asset manager, J.P. Morgan, and exchange traded product provider, Source, have launched a Dublin-domiciled ETF that offers a cost efficient way for investors to capitalise on volatility.

J. P. Morgan Asset Management's US Equity Income Fund portfolio manager, Clare Hart is forecasting that the US will continue to experience sub-trend growth over the next one to two years, but that a recession will be avoided.

The Financial Services Authority (FSA) has fined a former compliance officer at Greenlight Capital and a trader at JP Morgan Cazenove for insider trading and market abuse.