Proving that the registered investment fund wrapper is
gaining ground for the distribution of hedge funds, the JP
Morgan Access Multi-Strategy Fund, formerly known as JP Morgan
Multi-Strategy Fund, has grown by 48% from 31 March 2011 to the
latest N-CSR listing dated 30 September 2011 to reach $740
Taking the 31 March 2010 to 31 March 2011 assets growth the
fund has grown by $332 million, equivalent to a growth rate of
nearly 197%. Until 2010, the fund’s assets had
been loitering at less than $200 million and at times even
lower than $150 million.
To the end of September 2011, the asset allocation saw
23.43% invested with seven managers classified as diversified
and 22.23% to nine long/short equity managers such as Maverick
Opportunistic/global macro managers such as Brevan Howard
and Caxton Global Investments and event driven-core managers,
including Paulson Partners Enhanced,...