JP Morgan Asset Management (JPMAM) has added 51 funds from Threadneedle Investments, Banking Business Review reports. The move will enhance its direct-to-consumer offering via its WealthManager+ platform. The recent addition will bring the total number of third party funds available to investors to more than 600. The funds include Threadneedle’s U.S., European and U.K. equity offerings as well as funds from their managed and fixed income ranges. All the funds will be available at a charge of 1% until October 1, when a new charging schedule sees the transaction charge cut to 0%.
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