Fixed Income
Fixed income represents around 50% of our total firmwide assets. Our presence in the fixed income market allows us to devote substantial resources to managing each of the key risks involved in fixed income investing:
- In London, we have seven specialist teams focusing on interest rate decisions, inflation, high-grade credit and emerging market debt
- In New York, we have teams focused on US interest rates, high-grade credit, high-yield, structured securities (ABS and MBS), emerging market debt and long-duration.
This in turn allows us to offer an exceptionally broad range of fixed income strategies covering both core and high-yield markets.
Key Funds
JPM Sterling Corporate Bond Fund
Aims for an attractive yield with some capital growth by investing mainly in corporate bonds with an average credit quality of A or better.
JPM Global (ex UK) Bond Fund
An opportunity for UK bond investors to diversify risk through exposure to non-UK mainly government bonds, focusing on securities rated A or better. The fund is fully hedged into sterling.
JPM Global High Yield Bond Fund
Aims for a high yield by investing in non-investment-grade bonds mainly in the US but fully hedged to Sterling.
Uncovering value in fixed income
Bob Michele, CIO of J.P. Morgan Asset Management's Global Fixed Income and Currency Group, shares his views on finding value in today's bond markets and how best to capitalise on these opportunities.