JP Morgan Fleming's Europe Equity Market Neutral Fund is looking to plug excess demand the firm perceives for institutional market neutral portfolios focusing on the Continent, as well as seeking double-digit annualised net returns.
Chris Complin, fund manager at JP Morgan Fleming AM in London, says the pan-European fund will target this on annualised volatility of 6% to 10%.
The portfolio will remain neutral on a sector, beta and portfolio basis. Complin notes the fund may move to fewer than its
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