Hedge Funds

JP Morgan credit spin-out JPS attracts investor inflows on strong track record


Just eight months after being spun out of the investment bank into its asset management arm, Fahad Roumani’s credit hedge fund strategy at JP Morgan is nearing the $500m mark – with an impressive run of performance since launch

Fahad Roumani (standing, third left) and the JPS team
With widespread financial instability throughout Europe creating all manner of long/short opportunities in the credit markets, the potential upside is generating renewed investor interest in European credit specialists. At the same time, though, it has arguably never been harder to launch a hedge fund without substantial launch capital and an established infrastructure.

Track record remains an important factor for investors, many of whom are uneasy about investing in funds that do not already have a proven history and pedigree. And while some clients may be looking