Seven investment calls from JP Morgan

Laura Miller
clock

JP Morgan multi-asset income fund manager Olivia Mayell gives a run-down of the seven investment and economic themes she sees emerging - from interest rates to global equities.

1. Interest rates: We believe that the US Federal Reserve will start to taper bond purchases in the autumn. Yields in the US are likely to move higher, but the recent savage sell off is unlikely to be repeated. We see higher bond yield as a reflection of a stronger US economy. 2. Great rotation: We are meaningfully rotating the portfolio into risk assets, particularly towards global equities and out of fixed income, reflecting our view that the global economy is on a healing trajectory. 3. Emerging markets: Make up approximately 16% of fund as of end of June. This sector has dis...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Wealth Club launches UK's first private markets SIPP

Wealth Club launches UK's first private markets SIPP

45% income tax relief

Patrick Brusnahan
clock 24 March 2026 • 1 min read
Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

'More often, it's the quieter disciplines that matter most'

Phillip Young
clock 23 March 2026 • 3 min read
Crypto investors receive 40 times more HMRC tax warnings than stock traders

Crypto investors receive 40 times more HMRC tax warnings than stock traders

Data shows enforcement activity shift

clock 19 March 2026 • 2 min read