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Alternative UCITS gives European investors an edge, says JP Morgan chief


UCITS have given European investors an advantage, according to Mary Callahan Erdoes from JP Morgan Asset Management.

Callahan Erdoes, chief executive officer for New York-based JP Morgan Asset Management, was speaking at the firm’s alternative investments summit at the Mandarin Oriental Hotel in London earlier this week. 

Mary Callahan Erdoes CEO of  JP Morgan Asset Management

She told the audience mostly made up of wealth managers and high-net-worth independent financial advisers: “UCITS are a fantastic development because it gives investors the ability to get access to strategies that you can’t normally get access to. The US market