JPM Global Core Real Assets trims listed exposure to boost private assets portfolio

Share price is up 14.19% year-to-date

Valeria Martinez
clock • 2 min read

The JP Morgan Global Core Real Assets (JARA) trust is steadily reducing its listed real assets allocation, which includes real estate, infrastructure and transportation securities, to “recycle” these into private assets.

The trust, managed by JP Morgan's Alternative Solutions Group, which is led by Jamie Kramer, has reduced the listed real assets allocation within the portfolio by 5.5% between November last year and the end of August.  A considerable part of this reduction has been recycled into investments in private real estate, with a focus on the logistics, industrial and single family housing sectors in the US.  Kramer, who is also JARA's co-manager, said: "The US has a very strong dollar right now, and although we do believe that the chances of a recession in the US are greater, consumer, corpor...

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