JP Morgan creates actively managed index with Permal

JP Morgan creates actively managed index with Permal

rui-fernandes
Rui Fernandes, JP Morgan

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 existi