(July 15, 2010) — J.P.Morgan Asset Management has launched an alternatives portfolio aimed at helping small to medium sized schemes in the UK access asset classes, including hedge funds, infrastructure and private equity.
Allocations will be overseen by JPMAM global multi-asset group global chief investment officer Neill Nuttall and Americas chief investment officer Jeff Geller.
The offering has a strategic allocation of about 30% in hedge funds, 25% in infrastructure, 20% in direct real estate and 10% private equity, as well as around 15% to tactical asset classes such as global convertibles, emerging markets debt, high yield, commodities, REITs and emerging markets equity.
The portfolio will have a minimum investment of about $15 million for a standard managed account, but JPMAM will adjust the solution for investment of upwards of $77 million.
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