New York (HedgeCo.net) – J.P. Morgan Funds, the mutual fund arm of J.P. Morgan Asset Management has been recognized by Lipper as a best performer in five categories.
“These awards clearly demonstrate the strength of our investment capabilities across all asset classes during a very challenging market cycle and over the long-term,” said George Gatch, President and CEO of J.P. Morgan Funds.
JP Morgan Core Bond Fund, Select ranked 1st out of 57 funds in the U.S. Government Funds category. With $14.7 billion in assets, this fund is managed by Douglas Swanson.
JP Morgan Research Market Neutral Fund, Institutional ranked 1st out of 23 funds in the Equity Market Neutral category. With $818 million in assets, this fund is managed by Terance Chen.
3 Year Performance
JP Morgan Core Bond Fund, Ultra ranked 1st out of 63 funds in the Intermediate U.S. Government Funds. With $14.7 billion in assets, this fund is managed by Douglas Swanson.
JP Morgan SmartRetirement 2020 Fund, Institutional ranked 1st out of 109 funds in the Mixed-Asset Target 2020 Funds category. With $405 million in assets, this fund is managed by the J.P. Morgan Global Multi-Assets Group, with Anne Lester as senior portfolio manager.
JP Morgan SmartRetirement 2030 Fund, Institutional ranked 1st out of 106 funds in the Mixed-Asset Target 2030 category. With $358 million in assets, this fund is managed by the J.P. Morgan Global Multi-Assets Group, with Anne Lester as senior portfolio manager.
J.P. Morgan Funds had a very strong year in 2009, ranking 3rd in inflows for all U.S. mutual fund companies, and is the 4th largest mutual fund firm in the U.S., with $445 billion in assets under management (as of 12/31/2009). It offers over 100 mutual fund products across the full range of asset classes, as well as separately managed accounts and retirement products.
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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