JP Morgan Asset Management (JPMAM) has launched an emerging markets sustainable equity fund, which the firm claims is one of the industry’s first sustainable emerging markets equity funds.
The fund, which aims to provide long-term capital growth by investing sustainably in emerging markets, will be run by London-based portfolio managers Amit Mehta and John Citron.
Bringing together a team of nearly 40 buy-side research analysts and a dedicated sustainable investing team, the fund aims to identify the most sustainable emerging markets companies likely to generate the best long-term returns.
Massimo Greco (pictured), JPMAM’s head of Emea funds, said: “Having long integrated consideration of ESG issues into our emerging market equities investment process, our fund managers can combine our proprietary research with the incorporation of exclusions and a best-in-class approach that investors are seeking.
“Sustainable investing is critical in emerging markets – we believe it is entirely compatible with and, indeed, essential for a long-term investment approach that aims to deliver better results and allows the power of compounding to translate into investment outcomes.”
The fund will have a total expense ratio of 1.05% basis points.
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