Shareholders reject proposed ESG changes for JPM bond fund

Global Bond fund

clock • 1 min read
At an EGM on 8 April shareholders voted against the proposals.

At an EGM on 8 April shareholders voted against the proposals.

Shareholders in the £296m JP Morgan Global Bond Opportunities fund have rejected the providers proposals to change the objective, policy and name of the fund to a sustainable remit, Investment Week has learned.

The fund's objective is to provide income and capital growth over the long-term (5-10 years) by investing opportunistically in an unconstrained global portfolio of debt securities and currencies, using...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on ESG

The recommendations come as the UK asset management sector looks to be more competitive in the wake of Brexit.

IIMI: Four key ways to improve UK asset management sector

Wake of Brexit

Melanie Boulton
clock 25 May 2022 • 2 min read
Sarah Bratton Hughes, senior vice president and head of ESG and sustainable investing for American Century Investments

Survey: Greenwashing concerning but not a deterrent to impact investing

63% of UK respondents

Melanie Boulton
clock 25 May 2022 • 2 min read
Former UN climate chief Christiana Figueres

Former UN climate chief: HSBC speech 'one of the most irresponsible public statements heard in years'

'Deep damage' for HSBC

Christiana Figueres
clock 25 May 2022 • 3 min read