JPMorgan’s Multi-Asset Trust launch gets £81m rollover – The launch of JPMorgan Multi-Asset Trust (MATE) received a boost today with the news that approximately half of the shareholders of JPMorgan Income & Capital Trust (JPI) have voted to roll over into MATE.
JPI is a split capital fund that has reached the end of its fixed term. The roll over of the assets of JPI means means that MATE has gone beyond the minimum of £50m that they were looking to raise.
QuoteData’s Pre-IPO note for JPMorgan Multi-Asset Trust
For more details on the launch of JPMorgan Multi-Asset Trust please read our Pre-IPO note by clicking here
MATE : JPMorgan’s Multi-Asset Trust launch gets £81m rollover