J.P. Morgan Asset Management Adds Two Index Strategies to Tax-Smart Platform
Expansion of platform includes addition of
The two new strategies on the J.P. Morgan Tax-Smart Platform are enhanced by 55ip's active tax management capabilities and include:
- Tax Smart –
U.S. All Cap Index Strategy – Invests in a subset of the Russell 3000 index, providing broad exposure toU.S. traded stocks in a tax-smart manner. - Tax Smart –
U.S. Carbon Transition Index Strategy – Invests in a subset of the JPMAM Carbon TransitionU.S. Equity Index, providing exposure toU.S. traded stocks of companies positioned to benefit from a transition to a lower carbon economy in a tax-smart manner.
The addition of these new strategies further builds on the growing range of capabilities offered through the Tax-Smart Platform, both index and active. The platform combines J.P. Morgan's investment expertise with 55ip's tax-smart technology and is one of the first of its kind to offer actively managed and index-based SMAs, and model portfolios of mutual funds and ETFs, in one digital portal, delivering seamless portfolio customization, tax management and reporting functionality.
"The J.P. Morgan Tax-Smart platform gives investors access to a unique combination of customization and scalability, and we are pleased to offer clients access to two new index strategies" said
"As direct indexing continues to increase in popularity as an investment option, we're delighted that through our collaboration with J.P. Morgan Asset Management, Russell indices will be more accessible to investors," said
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information: www.jpmorganassetmanagement.com.
J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
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SOURCE JPMorgan Chase
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