JP Morgan Asset Management (JPMAM) has expanded its sustainable fund range with its first thematic offering in the UK and two further funds, Investment Week can reveal.
The JPM Climate Change Solutions fund will invest in "forward-thinking" companies that are developing and scaling solutions to address climate change. Alongside its research team, the fund will utilise JPMAM's proprietary natural language processing tool ThemeBot, which will screen more than 12,000 global stocks to identify opportunities for the team to consider. Managed by Francesco Conte, Yazann Romahi and Sara Bellenda, the fund will hold 50-100 stocks and will be available to investors for a total expense ratio (TER) of 0.7%. Dale Erdei, head of UK funds at JPMAM, said: "We are...
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