J.P. Morgan AM to bring suite of bond funds to UK market

J.P. Morgan Asset Management (JPMAM) is to bring a series of bond funds into the UK market as part of an expansion of its fixed income range.

The firm is planning to leverage its Luxembourg-domiciled SICAV business either by launching OEIC versions in the UK, or by selling directly to advisers via platforms. JPMAM’s UK-domiciled fixed income range currently consists of only four funds: Nick Gartside’s £600m JPM Strategic Bond fund, the £264m Global High Yield Bond fund, the £119m Sterling Corporate Bond and the £59m Global (ex-UK) Bond fund. Funds set to be made more widely available in the UK include the $6.7bn JPM Income Opportunity fund, an absolute return vehicle managed by Bill Eigen, as well as a pair of emerging mark...