JPMAM US Smaller Companies fund reopens for new subscriptions

Follows soft close at the end of 2020

Valeria Martinez
clock • 1 min read

JP Morgan Asset Management’s US Smaller Companies fund has reopened for new subscriptions after it soft closed the fund at the end of 2020, when it held $1.47bn in assets under management.

The fund had been soft-closed twice, as the firm first introduced restrictions on the Ucits version of the strategy in 2017 and was reopened in June 2020. BlackRock's head of multi-asset income investing to depart Managed by the trio of Don San Jose, Jon Brachle and Daniel Percella, the AUM of the equity strategy peaked at $2.07bn in April 2021. It now holds just over $1bn.  The JPM US Smaller Companies fund has returned 60.4% in the last three years, while the Equity - Small Cap USA sector is up 62% over the same period, according to data from FE fundinfo. Over the last year, the ...

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