J.P. Morgan Asset Management launches short-term EUR denominated fund

J.P. Morgan Asset Management (JPMAM) has launched the JPMorgan Liquidity Funds – EUR Government CNAV Fund, a short-term public debt constant net asset value (CNAV) money market fund for investors seeking government exposure.

The fund will invest in short-term euro-denominated government or government-backed debt securities, including government bonds, treasury bills and other money market instruments, as well as reverse repurchase agreements (RRP) fully collateralised by euro-denominated Government Debt Securities, with all investments denominated in Euros.

SPONSORED FEATURE: Taking the long view on ultra-short duration ETFs

“With interest rates in Europe now firmly in positive territory after a decade of negative levels, we’ve observed growing demand from investors for a money market fund with exposure to short-term government rather than bank-issued short-term debt, said Jim Fuell, head of global liquidity sales, international at JPMAM.

Fuell continued: “The fund is likely to appeal to investors seeking an alternative to cash deposits for their medium-term or temporary cash investments, including seasonal operating cash or the liquidity components of investment portfolios.”

Pictet Asset Management launches euro-denominated credit bond fund

Managed by Joe McConnell and Ian Crossman, the fund will be part of JPMAM’s Global Liquidity business, complementing two existing euro-denominated money market funds: the JPMorgan Liquidity Funds – EUR Liquidity LVNAV Fund and the JPMorgan Liquidity Funds – EUR Standard Money Market VNAV Fund, and will offer share classes for both retail and institutional investors.

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST