JPMorgan Fleming is planning to launch white-labelled unfettered fund of funds products into the UK ...
JPMorgan Fleming is planning to launch white-labelled unfettered fund of funds products into the UK market for intermediaries to distribute under their own branding. Meanwhile, National Australia Bank (NAB) has launched a multi-manager service aimed at advisers as part of the launch of its UK service, Pivotal. JPMF currently only has fettered funds of funds, which it refers to as 'closed architecture' in the UK market, but offers unfettered products in France and Italy. JPMF is talking to intermediary groups to assess market demand and the style of portfolios it is likely to offer i...
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