JPMAM to merge two sustainability funds in restructuring plan

Social and sustainable strategies

clock • 1 min read
Sub-fund has not gathered sufficient assets prompting merger
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Sub-fund has not gathered sufficient assets prompting merger

JP Morgan Asset Management’s Global Sustainable Equity fund is to be merged into the Global Socially Responsible fund, according to an investor note seen by Investment Week.

According to JPMAM, the reason behind the merger is because the sub-fund has not gathered sufficient assets, and has "limited" prospects for growth. The shareholder note stated that the JPM Global Sustainable...

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