JPMAM rolls out fixed income factor ETF

JP Morgan Asset Management (JPMAM) has rolled out its first fixed income exchange-traded fund (ETF) that taps into investment factors such as momentum.

The JPMorgan Global High Yield Corporate Bond Multi-Factor Ucits ETF, which is listed on the London Stock Exchange, Deutsche Börse Xetra and the Borsa Italiana, cover emerging and developed markets.

It primarily focuses on high yield securities which exhibit strong value, quality and momentum characteristics.

According to the firm, investing in a combination of securities with these characteristics provides investors with a yield comparable to traditional debt-weighted bond indices.

Chief investment officer of quantitative beta solutions at JPMAM, Yazann Romahi, said until now, the industry has predominantly focused on factor investing in equity markets and long/short alternative future strategies, as data has been more readily available.

He added: “Based on our research, factors like value, quality and momentum are asset-class agnostic and very much alive and present in credit markets.”

© 2020 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
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

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST