The big picture, sustainably
Our clients are increasingly looking for investment solutions that reflect not only their financial goals but also their values and beliefs.
The JPMorgan Global Macro Sustainable Fund employs our tried and tested macro process sustainably to help investors align their goals with their values1.
As macro investors, we invest in shares, bonds and other assets. But rather than starting with company specifics, we start with the big picture. We seek to identify the large external forces that can drive the performance of companies, asset classes and markets over time.
We invest in the companies and other assets, across sectors and regions, that we think have the potential to benefit from these global themes – and we also try to profit from short exposure to companies and other assets that we expect to do unsatisfactorily as a result of those themes.
We don’t have a benchmark to constrain us, and we aren’t solely reliant on rising markets to generate returns on your investment1.
Investing sustainably is a way to align your values with your goals for your money. It is also a way to seek to manage the risks and capture the opportunities as the world adapts to changes in our climate, the broader environment and society.
Our clients’ values are reflected through robust environmental, social and governance (ESG) research, systematic exclusions to certain industries, and a tilt towards companies and issuers screening better on ESG criteria.
The JPMorgan Global Macro Sustainable Fund seeks to reflect our clients’ values through a three-pillar approach to build a sustainable portfolio.
Integration of ESG risks into decision-making
Consideration of ESG risks forms part of the security research and is factored into decision-making across the entire Macro Strategies platform.
Systematic exclusions based on client values
Systematic exclusions2 are applied to certain industries and sectors to reflect our clients’ values and expected business practices.
Positive positioning to sustainable securities
The security-weighted ESG score for each asset class is maintained above the median for the universe, tilting the portfolio towards companies and issues that screen better for sustainability versus their peers.
Global macroeconomic trends are the main driver of asset class returns. Our investment team continually monitors the macro landscape to identify the key trends and changes shaping the world today.
Macro views are reflected in an unconstrained, focused portfolio, through long and short positions across equity, fixed income, derivatives, currency and volatility.
As the macro landscape evolves, or to manage the portfolio from particular risks, the team can dynamically shift the JPMorgan Global Macro Sustainable Fund’s exposures. Risk management3 is integrated holistically into the Fund’s investment approach.
The Fund’s macro approach, focused implementation and ability to flexibly adjust exposures enable it to pursue positive returns in varying market environments.