New PIE from big US manager
The new fund is the JP Morgan Global Bond Fund which gives investors access to one of the global asset manager’s most popular bond strategies within the PIE structure.
It is being launched on the back of their strategic partnership with an unnamed key local advice firm.
“We have been actively working with NZ financial advisers and institutional investors for some time now and launching our successful Global Bond strategy in a PIE structure is a natural next step in our growth story in the region," JP Morgan chief executive of Australia and New Zealand Andrew Creber says.
"We are committed to growing our presence and excited about future opportunities to bring more best-in-class, low-cost, global active solutions to New Zealand. I’m confident the range will expand as we continue to work closely with our partners and clients to ensure we provide them with solutions that meet their investment needs,” he said.
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