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...
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