NPRF invests €80m with JPMorgan Asset Management

JPMorgan Asset Management (JPMAM) is pleased to announce that the National Pensions Reserve Fund of Ireland has invested €80m in the JPM Euro Managed Currency Plus Fund.

JPM Euro Managed Currency Plus Fund – Key Facts

JPM Euro Managed Currency Plus Fund benefits from the use of our proven and successful JPM currency investment strategy, which has been running for nearly twenty years.

The fund benefits from a proven investment process that combines quantitative analysis and judgemental insight to exploit movements in global currency markets.

The fund is managed by one of the most experienced currency teams in the world, part of JPMorgan Asset Management – one of the world’s largest active asset managers.

Currency strategies have a low correlation with other asset classes, creating greater portfolio risk diversification.

The fund is a Lux part 2 SICAV

Targets an absolute return of 20% including Euro 1 month LIBOR.

The fund has weekly liquidity.