The £177m JPM Asia fund will become the JPM Asia Growth fund from next month and amend its objective to better reflect its investment universe.
The firm said the fund, which is managed by Joanna Kwok and Mark Davids, primarily invests in a growth biased portfolio of companies in Asia (ex Japan), and so the new name and objective will provide greater clarity to investors. As a result, the investment objective, which is currently 'to provide long-term capital growth from investment primarily in the securities of companies quoted or trading in Asia (ex Japan)' will be amended to 'to provide long-term capital growth primarily in a growth biased portfolio of companies in Asia (ex Japan)'. Managers: 'The global outlook is improving...
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