JPMAM renames £220m UK Active Index Plus fund

To better reflect investment objective

Jayna Rana
clock

J.P. Morgan Asset Management has renamed its UK Active Index Plus fund to JPM UK Equity Core to better reflect its investment objective.

The group said the new name better demonstrates the fund's aim to provide a core, long-term exposure to the UK equity market at a low level of risk. Managed by James Illsley (pictured), the £220m vehicle seeks to deliver a "more rewarding" investment proposition than trackers, and more consistent in performance and less expensive than the typical actively managed fund. The fund currently holds 258 positions across the market capitalisation spectrum and uses fundamental research to take active positions in attractively valued, high quality companies with positive momentum. Which par...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Spring Budget 24: Monitoring framework for Mansion House Compact announced
UK

Spring Budget 24: Monitoring framework for Mansion House Compact announced

Working with ABI to ‘finalise a framework’

Jonathan Stapleton
clock 06 March 2024 • 1 min read
Spring Budget 24: Chancellor 'remains committed' to pot for life reforms
UK

Spring Budget 24: Chancellor 'remains committed' to pot for life reforms

Undertake 'continued analysis and engagement'

Martin Richmond
clock 06 March 2024 • 1 min read
Friday Briefing: Budget Day looms
UK

Friday Briefing: Budget Day looms

Friday Briefing

Eve Maddock-Jones
clock 04 March 2024 • 3 min read
Trustpilot