JP Morgan joined forces with fund manager Permal to develop an actively managed index that provides investors with access to a combination of strategies. Despite being officially launched only last week, there is already US$500 million of investor exposure to the index.
The Permal AIS Index allocates to strategies including momentum and carry and to four asset classes: global equities, interest rates, commodities and foreign exchange.
"The aim of the Permal AIS Index is to take an existing suite
The week on Risk.net, July 14–20, 2017Receive this by email