J.P. Morgan Asset Management is launching a global unconstrained bond fund on 6 May for global CIO of...
J.P. Morgan Asset Management is launching a global unconstrained bond fund on 6 May for global CIO of fixed income Bob Michele. JPM Strategic Bond vehicle will be a 'best ideas' global bond fund and will aim to achieve a 3% return above its benchmark, the Merril Lynch GBP Broad Market index, achieved through broad allocations across global fixed income and currency markets, including high yield debt and emerging markets. Michele, who joined from Schroders in September 2008, currently overseas the management of five Luxembourg-domiciled bond funds launched last month. He will be supporte...
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