Forey hunts in mid-cap space to give boost to JPM Emerging Markets

J.P. Morgan Asset Management's Austin Forey and his new co-manager Leon Eidelman are looking to add a mid-cap slant to their £1.1bn Emerging Markets fund to give performance a boost.

Eidelman, who has been working with Forey on the fund for five years and currently manages the institutional GEM Discovery fund, is looking to use his all-cap experience to open up a wider position in the popular Emerging Markets fund. The managers are in the process of building a more “solid contingent” of mid-cap businesses within the portfolio as the analyst team that focuses on small- and mid-cap equities grows. “In the past, we have been quite reluctant to transact in these stocks, given that liquidity is much more limited,” Eidelman said. He added they are currently building ...