JPMorgan offers fund with 60% in UK assets

JPMorgan Asset Management has launched the JPM Cautious Total Return fund with Miles Geldard as mana...

JPMorgan Asset Management has launched the JPM Cautious Total Return fund with Miles Geldard as manager. The fund aims to achieve steady returns with minimum capital loss. Its initial asset allocation will have 60% in UK assets and will be at least 50% exposed at all times to cash instruments, gilts and corporate bonds.