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Komfie Manalo, Opalesque Asia: J.P. Morgan Asset Management (JPMAM) is expanding its exposure to the managed futures hedge fund style with the launch of JPMorgan Managed Futures ETF (JPMF) as it forays across fixed income, currency, commodity and equity markets.
Joanna Gallegos, U.S. head of ETFs for JPMAM, commented, "Investors are increasingly looking to venture beyond traditional asset classes to diversify their portfolios and enhance risk-adjusted returns. We are thrilled to bring to market the benefits of a managed futures strategy in an ETF wrapper and believe it will help our clients solve for specific needs and build stronger portfolios."
Gallegos said that the new fund would employ a bottom-up strategy and take long and short positions in in futures markets backed by a systematic, rules-based approach. In addition, JPMF can also function as a portfolio diversifier with the potential to limit drawdowns and at the same time, decrease overall volatility by providing returns that are uncorrelated to traditional asset classes.
JPMAM CIO of Quantitative Beta Strategies and Portfolio Manager Dr. Yazann Romahi will lead the team to manage the new fund. JP Morgan currently manages more than $120bn in alternative investments across the globe.
J.P. Morgan's ETF suite now has more than $2bn in assets under management offering at leaste 20 products....................... To view our full article Click here
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