JPMAM to launch real assets investment trust

Investing in private and public markets

J.P. Morgan Asset Management (JPMAM) is looking to raise £500m by tapping into investor demand for real asset securities, launching an investment trust that it said will bring its expertise in the area to the marketplace for the first time.

JPMorgan Global Core Real Assets (JARA) will invest across JPMAM's current real asset strategies, which comprise infrastructure, real estate and transportation, in the private markets. This will be combined with a sleeve investing in liquid, publicly traded securities primarily through real estate investment trusts (REITs). The trust will be managed by JPMAM's alternatives solutions group, based in New York. JPMAM's global alternatives platform manages $145bn with private real assets accounting for around half of that total and JARA will give investors access to around 500 underlyi...