Last year’s volatile market ride has continued in the first quarter of this year. Equity markets in the US and UK are now close to where they started the year, with Europe slightly down. But that comes after much fretting over global growth, China and the fall in the oil price in January and February. These fears started to ebb in the latter part of the quarter, when we also saw more stimulus from the ECB and dovish noises from Federal Reserve (Fed) chair Janet Yellen. This has all helped to restore some composure to markets.
Exhibit 1: Asset class and style returns (local currency)
JPM Global Macro Opportunities Fund
Leveraging global macro themes to generate performance. This fund targets positive returns in various market conditions by capitalising on the opportunities created by economic trends within a risk-controlled framework.
Using a flexible approach that seeks only the best income opportunities from around the globe, our Multi-Asset Income Fund aims to provide investors with a consistent and attractive income stream and the opportunity for capital growth.
The JPMorgan Global Growth & Income plc (formerly JPMorgan Overseas Investment Trust plc) seeks out strong long-term returns by investing in a best ideas, high-conviction portfolio from across the world's stock market.
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The value of investments and the income from them can fall as well as rise and investors may not get back the full amount invested. Past performance is not a guide to the future.