JPMAM's Lanning opts for mining tracker in place of active options

J.P. Morgan Asset Management (JPMAM)'s Tony Lanning has bought into a resources ETF across his multi-manager range, after exhausting the search for an active alternative.

The former Henderson director of multi-asset, who joined JPMAM in January to run its five Fusion fund of funds, said a bearish view on gold and oil forced him to consider the DBX Stoxx 600 Basic Resources...