JPMAM seeks 'meaningful reduction' in carbon intensity with ETF launch

Global equities fund

J.P. Morgan Asset Management (JPMAM) has launched a carbon transition ETF, offering investors access to global equities and a "meaningful reduction" in carbon intensity.

The JPMorgan Carbon Transition Global Equity UCITS ETF (JPCT) seeks to provide core global equity exposure with a low tracking error against the MSCI World index, but will track the JPMorgan Asset Management Carbon Transition Global Equity index, which was built to achieve a reduction in carbon intensity without relying on exclusions or sector deviations. JPMAM strengthens sustainable investment team with four hires JPCT will offer investors a reduction in carbon intensity of at least 30% versus the MSCI World index, and a year-on-year decarbonisation target of at least 7%, which it w...