On the 15^th July 2015, and following The Adviser Centre Monthly Review Meeting on 1^st July 2015, JPM Multi-Asset Income was added to The Adviser Centre as a Recommended fund.

The fund is run by experienced managers Michael Schoenhaut and Talib Sheikh, who are both members of J.P. Morgan Asset Management’s Multi-Asset Solutions team, and have been involved in the management of multi-asset strategies for a number of years.  It is invested across a wide range of global asset classes and the managers’ priority is to deliver an attractive level of income which is distributed monthly or quarterly, depending upon the choice of share class.

The team believes that in running a flexible income strategy, they must be able to navigate different market conditions and maintain an awareness of the potential downside.  To achieve the fund’s objective, the managers seek to achieve a balance between return and risk by investing in a diversified mix of assets, with a view to achieving an optimum risk-adjusted yield.

The fund’s innate diversification, together with the ability to adjust asset class weights and invest across capital structures, helps in the control of overall portfolio risk.  The expectation is for the portfolio’s annual volatility to reside in a 7% to 12% range, which is typically akin to a 60% equity/40% bond mix.

We regard this fund as a robust multi-asset income offering from experienced and well-resourced investors and as such, we are pleased to add to our Recommended list.