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JPMAM increases dominance in liquidity funds arena

7th October 2009 Print
One year after the collapse of Lehman Brothers and 2 years after the start of the credit crisis, J.P. Morgan Asset Management, the world's largest provider of institutional liquidity funds, has continued to see huge flows into its AAA-rated stable net asset value (NAV) funds despite an overall fall in assets across the money market funds industry this year. As a result, J.P. Morgan Asset Management remains the largest international provider of ‘AAA' rated money market funds with a 31% market share of IMMFA-style funds.

J.P. Morgan Asset Management's international Liquidity Funds business has grown by over 100% since September 2007, in terms of assets under management and now stands at $198 billion. In addition, assets under management in the JPM USD Liquidity Fund specifically, have also grown by over 100% to $100 billion over the same period, making it the largest mutual fund in Europe today.

Kathleen Hughes, Head of Global Liquidity EMEA at J.P. Morgan Asset Management commented: "When investors are looking for safety, liquidity and diversification, they clearly want a manager they can trust as well as one with a proven track record. It is testament to J.P. Morgan Asset Management's size, financial strength and global capabilities that we are seeing our inflows increase on such a scale. The JPM USD Liquidity Fund is a particular beneficiary of this but because of the strength of our global platform, our broader fund range has benefited greatly too."

Size and Strength

As the world's largest provider of institutional liquidity funds, J.P. Morgan Asset Management's size and strength speak for themselves. Its ability to provide the confidence and surety that clients want and need in these volatile times is testament to its strong global business model. The firm's focus on quality and risk management continues to attract significant inflows across the range of AAA-rated stable NAV liquidity and government style funds.

Bob Deutsch, Head of Global Liquidity at J.P. Morgan Asset Management added: "As one of the most respected names in the liquidity funds industry with over $500 billion worth of assets under management globally, we also believe in sharing our investment insights, resources and intellectual capital with our clients. Through value-added programmes and services, such as investment forums, exclusive white papers, industry surveys and one-on-one consultations, J.P. Morgan Global Liquidity brings unique perspectives to investment decisions and we're proud of our depth and scale of ability in this area."