JPMorgan Asset Management unveiled the JPMorgan Event Driven ETF, the firm's debut single-strategy alternative beta ETF. The firm says the fund can be used to complement core hedge fund allocations, provide targeted exposure within a portfolio, achieve lower beta exposure to the global equity market or build a liquid alternatives allocation. The fund uses a rules-based, bottom up security selection process to capture a wide range of event-driven hedges and is managed by a team led by Yazann Romahi, CIO of Quantitative Beta Strategies at JPMorgan Asset Management.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.