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New type of fund emerges

Investors, spooked by the volatile markets, are turning to absolute-return funds; those launched by JP Morgan Asset Management and Franklin Templeton can be used to diversify portfolios.
Wednesday, March 2, 2016 - 05:50

SHARPLY volatile markets and an uncertain outlook are pushing investors towards alternative types of funds.

JP Morgan Asset Management has launched a new fund here, the Global Macro Opportunities Fund, which has an absolute return target of cash plus 7 per cent.

Olivia Mayell, the

sentifi.com

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