JPM Asia to change name and objective for greater clarity

The firm said the fund, which is managed by Joanna Kwok and Mark Davids, primarily invests in a growth biased portfolio of companies in Asia (ex Japan), and so the new name and objective will provide greater clarity to investors. As a result, the investment objective, which is currently 'to provide long-term capital growth from investment primarily in the securities of companies quoted or trading in Asia (ex Japan)' will be amended to 'to provide long-term capital growth primarily in a growth biased portfolio of companies in Asia (ex Japan)'. Managers: 'The global outlook is improving...