JPMAM launches sustainable EM equity fund

Targets 'best in class' industry leaders

J.P. Morgan Asset Management has launched a sustainable emerging markets equity fund targeting "best in class" industry leaders, while screening out unsustainable sectors and businesses.

Managed by Amit Mehta and John Citron, with the aid of nearly 40 buy-side research analysts, the JPMorgan Funds - Emerging Markets Sustainable Equity fund will seek to provide long-term capital growth. ESG is unavoidable rather than unaffordable The fund, which will charge a TER of 1.05%, will screen out unsuitable companies via proprietary exclusions based on the firm's own research, and from the remaining universe it will invest in "sustainable leaders who are best-in-class in their industry", JPMAM said. ESG data overload: Artificial intelligence to the rescue Head of EMEA fu...