Across the channel

JP Morgan Fleming's Europe Equity Market Neutral Fund is looking to plug excess demand the firm perceives for institutional market neutral portfolios focusing on the Continent, as well as seeking double-digit annualised net returns.

Chris Complin, fund manager at JP Morgan Fleming AM in London, says the pan-European fund will target this on annualised volatility of 6% to 10%.

The portfolio will remain neutral on a sector, beta and portfolio basis. Complin notes the fund may move to fewer than its