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JP Morgan Adds Threadneedle Funds To Platform
Wendy Spires
26 August 2011
JP Morgan Asset Management has added 51 Threadneedle funds to its WealthManager+ platform, bringing the total number of third-party funds it offers to over 600. The new Threadneedle funds include US, European and UK equity vehicles. All the new funds will carry a charge of 1 per cent until 1 October; after this a new charging schedule will be introduced, reducing the transaction charge to zero, the firm said. First launched in 2009, the WealthManager+ platform carries funds from 26 providers.