This article appears courtesy of Institutional Investor
Source: InstitutionalInvestor.com
Two emerging fund trusts operated by subsidiaries of JPMorgan and F&C Asset Management are talking about merging their forces to produce what reportedly would be one of the largest funds in the sector, Reuters reports.
According to David Barron, JP Morgan Asset Management’s head of investment trust, its JP Morgan Fleming Emerging Markets Investment Trust and the F&C Emerging Markets Investment Trust would produce a new portfolio worth an estimated $755 million.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
