New Model Adviser - For professional financial planners

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Aberdeen Standard partners with JP Morgan for income fund

Aberdeen Standard is to combine its long-running European equity income strategy with a defensive overlay provided by JP Morgan

Aberdeen Standard partners with JP Morgan for income fund

Aberdeen Standard is to combine its long-running European equity income strategy with an overlay provided by JP Morgan fund subsidiary Mansart to create a defensive version of the fund.

The Defensive European Equity Income fund has been seeded with €100 million (£86 million). It will be available for a minimum investment of €1 million, for an ongoing institutional charge of 0.95%.

The portfolio will combine equity selection provided by Aberdeen Standard manager Will James, with an overlay provided by JP Morgan Mansart, an alternatives and index fund provider owned as a subsidiary of JP Morgan’s commercial bank.

James has managed the £775 million Standard Life European Equity Income fund since launch in April 2009. Over the past three years the fund has returned 25.1% versus a peer average of 27.1%.

He said: ‘This product offers investors the opportunity to invest with reduced equity market risk while at the same time benefiting from the continued success of a bottom-up fundamental research driven strategy.

‘Our successful partnership with JP Morgan has enabled us to create this ideal solution for investors seeking to access attractive risk-adjusted total returns, strong income delivery, capital efficient equity-like exposure and reduced portfolio volatility and drawdowns.’

The fund will be Ucits compliant and domiciled in Dublin.

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
More Content
7403.54 -40 0.53% 04:35
More Content

Related Fund Managers

Will James
Will James
91/103 in Equity - Europe Excluding UK (Performance over 3 years) Average Total Return: 21.6%
More Content

ADVICE

6 Comments FCA: we'll visit every DB transfer adviser if we need to

FCA: we'll visit every DB transfer adviser if we need to

The Financial Conduct Authority has pledged to visit every firm offering defined benefit pension transfer advice if necessary to improve suitability levels across the market

twitter_banner

INVESTMENT