JPMAM

Former Newton manager left R&M in January

Two recruits build global team

Pan-European fund remains soft-closed

'Everyone is still working out their value'

J.P. Morgan Asset Management's Stephanie Flanders has said that investors should "expect less of everything" in future - including investment returns - because of the weakness of the global economy.

J.P. Morgan Asset Management (JPMAM) is eyeing the Channel Islands market to support the next growth stage of its 23-strong investment trust range.

Hargreaves Lansdown has agreed to acquire £370m of assets from J.P. Morgan Asset Management for an undisclosed amount, as the latter ceases to offer certain direct investments to individual clients.

Fixed income managers have been forced to adopt protective measures in response to the huge spike in volatility seen in bond markets in recent weeks.

Five funds to benefit from European tailwinds

J.P. Morgan Asset Management is merging its underperforming UK Focus fund into its UK Dynamic fund following a strategic review.