Summary

JP Morgan Asset Management (JPMAM) launched the Singapore and Asia Equity Income Fund (EQDP), allocating 50% of its capital to Singapore equities and 50% to Asian stocks excluding Japan. The fund, launched under the Monetary Authority of Singapore’s Equity Market Development Programme, focuses on dividend-paying stocks and uses options to boost income. JPMAM aims to provide investors with a multi-pronged strategy for total returns, combining dividends, options premiums, and capital appreciation.

https://www.straitstimes.com/business/companies-markets/jp-morgan-asset-management-targets-singapore-and-asia-stocks-with-new-fund?ref=top-stories