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JPM Europe Equity Absolute Alpha A (perf) Acc EUR

Ranked 138 out of 181 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Michael Barakos

Michael Barakos joined JP Morgan Asset Management as an investment analyst in 1999, having earned a bachelor’s degree in economics from the London School of Economics. He was appointed European investment manager in 2000 and currently co-manages a variety of funds, applying a bottom-up investment style to the UK-domiciled JPM UK Equity and JPM UK Strategic Value funds and the Luxembourg-domiciled JPM Europe Strategic Value and JPM Europe Strategic Growth funds. Born in 1977, Barakos gained early experience of the financial world by working as a risk management accountant for the European Bank for Reconstruction and Development’s treasury department from 1995 to 1996. He followed this with internships at Sigma Securities in Athens and at Deutsche Asset Management before joining JP Morgan. Away from the office he is a keen tennis player and follows the fortunes of Liverpool football Club.

Nicholas Horne

Nicholas Horne is a portfolio manager and head of research in the J.P. Morgan Asset Management European Equity Group. An employee since 2006, he did his investment banking internship at the M&A Group at Trenwith Securities. Before that, he did an internship in private wealth management at Smith Barney. Nick holds a BSM in finance and international relations from Tulane University, and an MSc in politics of the world economy from the London School of Economics. Nick is a CFA charterholder.

Objective

At least 67% of the Sub-Fund's assets will have exposureto equity securities of companies that are domiciled in, or carrying out the main part of their economic activity in, a European country. Such exposure may be obtained entirely through the use of financial derivative instruments.The Sub-Fund will use long and short positions to achieve its investment objective, buying securities considered undervalued or attractive and selling short (achieved through the use of financial derivative instruments) securities considered overvalued or less attractive.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Long/Short Equity over : 31/03/2016 - 31/03/2017
  • Rank 138/181 Total Return
  • Rank 123/181 Standard Deviation
  • Rank 108/181 Max Drawdown
Fund Name Currency Loss
106 BPI Global Invest BPI Alt Fd Ibe Eq L/S Fd R Cap EUR

-4.7%

106 CS (Lux) Multi-Advisor Equity Alpha Fund FBH

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.7%

108 JPM Europe Equity Absolute Alpha A (perf) Acc EUR EUR

-4.8%

109 Kairos International Sicav - Italia P EUR

-4.9%

110 GAM Star (Lux) Financials Alpha C EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.9%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 3.3%
2016 -8.5% -4.4% -4.3% 2.0% -1.9%
2015 4.9% 4.2% -1.1% 3.1% -1.2%
2014 20.8% 6.3% 3.5% 3.1% 6.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/11/2016

Top 10 Holdings

Stock Size
KBC Bank NV Time/Term Deposit 3.29
Bred Banque Populaire SA Time/Term Deposit 3.05
Covestro AG ORD 0.97
UPM-Kymmene Oyj ORD 0.96
Thales SA ORD 0.94
Logitech International SA ORD 0.93
PostNL NV ORD 0.91
MetLife Funding Inc CP 0.91
Cash and Cash Equivalents 0.90
BE Semiconductor Industries NV ORD 0.89
30/11/2016

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Estonia
  5. Finland
  6. France
  7. Germany
  8. Greece
  9. Ireland
  10. Italy
  11. Jersey
  12. Liechtenstein
  13. Luxembourg
  14. Norway
  15. Spain
  16. Sweden
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date19/12/2013
  • Share Class size64Mn
  • Base currencyEUR
  • ISIN LU1001747408

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment5

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in EUR).