Best Fund Provider – Asia Equity
J.P. Morgan Asset Management
Asia has remained in the spotlight in 2020 for equity investors. Leveraging our 84-strong Emerging Markets & Asia Pacific Equities Team2, we offer a spectrum of equity solutions covering developed and emerging Asia, as well as global emerging markets to help meet the investment goals of investors1.
Overall, Asia is the long-term growth story for the next generation. To capture the burgeoning investment potential of Asian stocks, we believe robust stock selection is key. Our fundamental analysis is combined with a proprietary quantitative tool, and the team examines the quality characteristics of around 1,000 stocks in the Asia Pacific markets2.
Our Asia Growth Strategy is a high-conviction, concentrated, all-cap portfolio with quality growth characteristics. The Strategy has been gaining traction in the private banking community as it demonstrates proven success.
This award is a true testament to the contribution of our broad network of investment professionals and commitment to fundamental research.
Winning in a fiercely competitive category isn’t easy.
J.P. Morgan Asset Management’s Asia Growth Strategy outshone peers in its Morningstar category by achieving top quartile performance on a three-month, six-month, year-to-date, one-year, two-year, three-year, and five-year basis3. Compared with its benchmark, the Strategy demonstrated outperformance in both short and long-term performance, delivering excess returns for investors.
Of particular note was the Strategy performance through different market conditions, especially in volatile markets. From 3Q15 through to 3Q20, the Strategy outperformed 81% of the time by delivering positive relative returns in 17 of the past 21 quarters3.
In March 2020, J.P. Morgan Asset Management’s Asia Growth Strategy was upgraded by Morningstar to Silver analyst rating4, which can be attributed to solid leadership, stable supporting cast and well-codified investment approach. Helping the Strategy is the stellar experience of its managers — Joanna Kwok, a portfolio manager with 23 years of industry experience, and 19 at the firm, alongside 24-year industry veteran Mark Davids, who is also a portfolio manager5. Kwok has notched up several fund manager awards over the years.
To achieve the consistent outperformance, J.P. Morgan Asset Management’s research team helps set the standard in the asset management industry in terms of scope, quality and reliability.
The team for J.P. Morgan Asset Management’s Asia Growth Strategy covers 790 companies in Asia Pacific with a significant ramp-up in China A-shares to over 260 names2. By adopting a common framework for comprehensive strategic and financial analysis, J.P. Morgan Asset Management’s platform allows comparisons to be made across locations and sectors, and delivers analyses with common outputs in a single format.
Client engagement was a strong point as well: J.P. Morgan Asset Management held more than 130 plus virtual events in 2020 with more than 170,000 clients in attendance2.
J.P. Morgan truly distinguished itself from peers in terms of performance, stock picking, and client services in what was a challenging period for Asian equities. For that, it wins Asian Private Banker’s Best Fund Provider – Asia Equity.
1 Based on investors’ investment objectives and risk appetite.
2 Source: J.P. Morgan Asset Management, data as of 31 December 2020.
3 Source: J.P. Morgan Asset Management, Morningstar, Inc., data as of 31 August 2020. Refers to JPMorgan Asia Growth (acc) – USD Class. Benchmark: MSCI All Country Asia ex Japan Index (Total Return Net). Past performance is not a reliable indicator of current and future results.4 Past performance is not a reliable indicator of current and future results. Benchmark: MSCI All Country Asia ex Japan Index (Total Return Net). Source of star rating: Morningstar, Inc., Analyst Rating – Silver and 5-Star Rating awarded to C (acc) – USD Class; C (dist) – USD Class. Data as of 31 December 2020.
5 Source: J.P. Morgan Asset Management. Number of years of experience Industry/Firm as of 31 December 2020.