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JPMorgan Asset Management funds added to pension platform

24th April 2008 Print
A further seven JPMorgan Asset Management funds have been added to the Norwich Union Pensions Platform giving investors access to a wide range of investment vehicles to enhance their retirement portfolios.

The JPMAM funds added to the Norwich Union platform are as follows: JPM Cautious Total Return, JPM Balanced Total Return, JPM New Europe, JPM Natural Resources Fund, JPM Global Equity Income Fund, JPM Global High Yield Bond and the JPM Global ex UK Bond.

The JPM Cautious Total Return Fund in particular is now JPMAM's biggest selling fund and has demonstrated its ability to perform through volatile markets. The UCITs III fund has managed to return a healthy 7.86% over 1 year with extremely low volatility by investing across a range of asset classes such as equities, bonds, cash, and convertibles.

Mike Parsons, Head UK Distributor Sales at JPMorgan Asset Management commented: "We are delighted to be offering these funds through Norwich Union, one of our key partners. The JPM Cautious Total Return Fund is an ideal holding for pension holders using Norwich Union Pension Income Drawdown products. In addition, both JPM New Europe and JPM Natural Resources are ideal investments for pension accumulation, or as higher risk, long term holdings in income drawdown plans.”