Architas to launch new Liquidity Fund
Architas Multi-Manager Limited ("Architas") has teamed up with JPMorgan Asset Management to launch the Architas Liquidity Fund.The Architas Liquidity Fund has been created to provide a robust alternative to a deposit fund which has a high level of security and competitive yields. Architas has appointed JPMorgan Asset Management (JPMorgan) to manage the Liquidity Fund.
The fund has a wide range of investments to choose from, improving diversification and risk management, with investable assets that include Floating Rate Notes, Certificates of Deposit, and short dated government, agency and corporate securities. In addition, the fund will deal with over 60 counterparties (100-200 holdings), decreasing concentration risk.
The Architas Liquidity Fund provides the opportunity for a competitive yield in comparison with traditional deposit funds. When market conditions allow, the weighted average duration of the fund is able to extend to 90 days. This gives the fund the opportunity to benefit from a better yield than a standard money market fund.
Investors benefit from strong investment teams from JPMorgan and Architas. The funds will be available via AXA Winterthur Wealth Management.
Richard Philbin, chief investment officer, Architas Multi-Manager Limited, says: "We are delighted to be working with JPMorgan: they are recognised as a top provider of liquidity funds, and have a large, specialist fund management team, with a consistent track record."
Jasper Berens, head of UK retail sales, JPMorgan Asset Management, says: "Our size, experience and proven success in managing money market assets allows more resource to research counterparty credit risk. Managing the Architas Liquidity Fund is a great opportunity for us to work with a distinct and innovative multi-manager company and is testament to our vast experience in money markets and our consistency in meeting the needs of our clients; needs that in the current market environment lean towards security and above inflation returns."