J.P. Morgan Asset Management has announced the listing of the JPMorgan Global Bond Active ETF (Managed Fund) (JPGB) on Cboe Australia.
JPGB is the second fixed income active ETF that the global asset manager has brought to Australia. It leverages the same strategy as the JPMorgan Global Bond Fund (mutual fund) and offers investors the opportunity to add duration to a bond portfolio.
“With inflation starting to cool and growing signs that global central banks are approaching the end of their hiking cycles, this is generally a favourable environment for quality fixed income assets. An active ETF focused on high quality bonds, JPGB invests at least 80% in investment grade bonds, overlaid by a disciplined risk management strategy. The portfolio management team has the ability to tap into a diverse range of alpha sources by investing across countries and sectors providing investors with quality fixed income and active management in uncertain markets,” said Mark Carlile, Head of Wholesale, Australia and New Zealand.
Also read: La Trobe Completes $130m Fundraise For US Private Credit Strategy
Andrew Creber, Australia and New Zealand CEO said: “It has been a remarkable 12 months for our business as we grow our active ETF suite. The solutions we have brought to the market continue to demonstrate our best-in-class objective and look to address the local investors’ needs whether it be looking for equity income, bonds, core global equities or sustainable funds. This is the advantage of investing with a global active asset manager – our size, scale and global reach enable us to offer local investors access to our high-conviction global solutions at competitive fees.”
