J.P. Morgan Alternative Asset Management (JPMAAM) has announced the launch of a Multi-Manager Sustainable Long/Short fund, which aims to benefit from long-term sustainable trends.
The fund's long positions will focus on firms screened through JPMAAM's proprietary ESG ratings, which it believes will uncover sustainable alpha opportunities from within long-term global sustainability themes. BNY Mellon IM's Newton launches sustainable global bond fund According to the firm, these themes will lead to "considerable" structural changes creating "winners and losers", which will provide opportunity for the fund to also benefit from shorting "sustainability laggards". Co-portfolio manager Jamie Kramer, global head of J.P. Morgan Asset Management's alternatives soluti...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
