JPM to risk rate multi-asset offerings

J.P. Morgan Asset Management is to incorporate risk-ratings into three of its multi-asset funds ahead of RDR.

The risk profiling has been outsourced to risk strategy software provider Distribution Technology (DT) and applied to the £478m Cautious Total Return fund run by Talib Sheikh, the £62m Multi-Asset Income fund, and Nick Gartside's (pictured) £484m Strategic Bond fund. JPMAM's head of UK retail sales, Mike Parsons, said: "With advisers increasingly adopting the use of attitude to risk questionnaires, and populating the subsequent portfolio with risk-rated funds, we want to offer a simple reference where advisers can identify where our funds fit. "It is important advisers note that we do...