JPMorgan Asset Management has announced that ten of its Luxemburg domiciled funds will be available to advisers via Cofunds, a UK-based independent investment platform.
The ten funds available via Cofunds are, JPM Emerging Markets Small Cap A (dist) GBP, JPM Europe 130/30 A (dist) GBP, JPM Europe Select 130/30 A (dist) GBP, JPM Global Dynamic A (dist) GBP, JPM Highbridge Statistical Market Neutral A (dist) GBP Hedged, JPM Income Opportunity A (dist) GBP Hedged, JPM Africa Equity A (dist) GBP, JPM UK Equity A (dist) GBP, JPM Sterling Bond A (dist) GBP, and JPM Sterling Liquidity A Acc.
Mike Parsons, head of UK distributor sales at JPMorgan Asset Management, said: By offering a good choice of offshore funds through Cofunds, advisers will be better equipped to build even more robust and diverse portfolios for their clients.
Traditionally offshore funds have never really been a mainstream investment tool for UK retail investors despite offering genuinely diverse and practical benefits whatever the individuals attitude to risk. We are sure that through initiatives such as this, offshore funds will become a very prominent and perfectly natural part of any UK retail investor’s portfolio.
