A former J.P. Morgan investment adviser has been accused of stealing at least $20m from clients and using the money to trade on his own account and to pay off his mortgage.
Split capital trusts are regarded as higher risk by the industry but it is important to recognise the choice their unusual structure provides for investors, says Simon Crinage, head of investment trusts at J.P. Morgan Asset Management
J.P. Morgan Asset Management (JPMAM) has cut fees on its Fusion fund range, run by Tony Lanning, in a bid to improve the portfolios' competitiveness.
Fund managers reveal currency plays
Several years on from launch, retail fund buyers are showing increasing interest in a strategy which seeks to bridge the gap between passive and high alpha portfolios.
Some of the biggest banks in the US have been given the green light to pay their largest dividends since the financial crisis, following the Federal Reserve's 'stress test'.
A prolonged rally in both equities and bonds has left investors facing a challenge to diversify away from crowded trades in recent months. Investment Week asks fund managers and buyers which trades in particular should be raising the red flags.
J.P. Morgan Asset Management (JPMAM) has launched a Global Capital Structure Opportunities fund that will invest across equities, bonds and convertible bonds.
Financial services has witnessed a number of famous apologies over the years linked to fraud, rogue trading, and even train fare dodging. Investment Week remembers the most notable, and the ones which never were.