JP Morgan Asset Management has extended its active fixed income suite with the launch of a global investment grade corporate bond ETF.
The JPM Global IG Corporate Bond Active UCITS ETF (JIGG) debuts on the London Stock Exchange, Deutsche Borse, Borsa Italiana and SIX Swiss Exchange with total expense ratio (TER) of 0.25%.
Actively managed, JIGG captures investment grade corporate bonds across global markets.
The basket is built using a combination of fundamental, quantitative and technical analysis and benchmarked against the Bloomberg global aggregate corporate index.
The strategy focuses on credit sector rotation and security selection with an ESG screen.
JIGG is managed by Lisa Coleman, Andreas Michalitsianos, Lorenzo Napolitano, Usman Naeem, and Sameer Iqbal, who have each been portfolio managers with JPMAM for at least twelve years.
Travis Spence, global head of ETFs at JPMAM, said, "The launch of the JPM Global IG Corporate Bond Active UCITS ETF underscores our commitment to providing a range of core fixed income building blocks that harness the full potential of our global fixed income capabilities.
“We believe this product offers investors a compelling opportunity to access active management in the fixed income space, backed by the deep expertise and resources of our team."
JPMAM recently launched Europe’s first active emerging markets (EM) local currency bond ETF and an active Paris-aligned global EM strategy.
