JPMAM launches group's first multi-asset investment trust for UK market

Investing across six asset classes

J.P.Morgan Asset Management (JPMAM) is targeting a fund raise in excess of £150m for its first multi-asset trust for UK investors.

The globally diversified JPMorgan Multi-Asset trust will aim for a total return of 6% per annum net of fees through a combination of income and capital growth, with an initial 4% quarterly dividend. It...