Performance RIC Watch

RIC Watch: JPMorgan’s Access fund breaks the mould in 2011


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 million.

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.