JP MORGAN Asset Management's Cautious Total Return fund has recorded the best sales growth since launch.
The fund has doubled in size from around £200m in August 2007 to over £400m today, making it one of the fastest growing funds in the IMA Cautious Sector. Jasper Berens, head of UK retail sales at JPMAM, said: "Understandably, in volatile markets, investors are looking to reduce their exposure to equities in their core holdings and are flocking to funds with low volatility. "The JPM Cautious Total Return fund has been a major beneficiary of this because of its ability to invest in a range of asset classes across the world that can help mitigate this volatility." In addition, the fund has...
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