MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, June 22, 2012 A $481MM J.P. Morgan Fund Liquidates J.P. Morgan [profile] is liquidating its Asia Equity Fund, according to today's SEC filing. The fund currently holds $481 million. A JPMorgan spokesperson said the shop is not permitted to comment beyond the regulatory filing. The fund has seen significant recent outflows: as recently as May 31 of this year, the fund held $755 million. As of that date, the fund was down 26.84 percent year-to-date. On February 17 of this year, managing directors Edward Pulling and Howard Wang were added as PMs of the fund, replacing Joshua Tay and Patrick Chiu. Pauline Ng stayed on as a co-PM of the fund. The fund has stopped accepting purchases today and will complete the liquidation by July 20. Printed from: MFWire.com/story.asp?s=40420 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |