Titherington to lead JPM GEM Income launch
J.P. Morgan is preparing to launch a Global Emerging Markets Income investment trust at the end of July for CIO and head of emerging markets Richard Titherington.
The trust will aim for both capital growth and income, with a yield target of 4%, through a portfolio of 50 to 70 emerging market equities, primarily mid caps. It will be benchmarked against the MSCI...
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