J.P. Morgan Alternative Asset Management (JPMAAM) has been dedicated to the management of hedge fund products and solutions for 17 years. With 66 professionals globally and approximately $9 billion* in assets, JPMAAM offers a broad range of products and capabilities to help investors achieve their strategic hedge fund and asset allocation objectives. These solutions include, but are not limited to, multi-manager/multi-strategy portfolios, strategy specific portfolios such as equity or credit focused, and other specialized strategies.
JPMAAM At a Glance
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Chief Investment Officer
In the news
J.P. Morgan Alternative Asset Management finds alpha in unusual places (pdf)
Corey Case, Paul Zummo and the J.P. Morgan Alternative Asset Management franchise were recently featured in Hedge Funds Review.
The profile focuses on how JPMAAM balances creativity and discipline in their search for alpha, the depth and breadth of their investment talent, their ability to customize tailored solutions for clients and their commitment to state-of-the-art technology and rigorous due diligence.
Customisation takes root at JP Morgan (pdf)
published by Hedge Fund Intelligence
, profiles JPMAAM's hedge fund business, highlighting JPMAAM as “among the fortunate few with the people power, institutional relationships, and the technical expertise…to pull off customized solutions.”
Research and publications
Tail hedging solutions for uncertain times
"Our focus on capital efficient hedging techniques means that less capital is needed to achieve a given level of protection, allowing investors to seek higher performing investments."
Portfolio 2011, Hedge Funds: A new paradigm
"...hedge fund investors are looking at hedge funds in a different light. They are no longer considering hedge funds an “asset class.” Rather they are more appropriately analyzing and disaggregating the funds on a risk factor basis to fit them within their overall allocation framework."
Hedge Funds: Risk Aggregation & Monitoring
"...we believe that a comprehensive and scalable portfolio management platform that can track, aggregate, analyze, stress test and report on your hedge fund portfolio is essential for converting "better transparency" into "better decision-making."
JPMAAM at a glance
JPMAAM’s investment philosophy revolves around building a culture that empowers our professionals to ask questions, challenge perceptions and seek unique solutions. Our research focus is to select the best hedge fund managers and to construct portfolios designed to deliver attractive risk adjusted returns for our clients. We have the necessary scale and resources to construct a wide range of customized solutions for our investors, who are increasingly demanding that their hedge fund allocations adhere to their unique performance, risk, exposure and liquidity objectives; it is therefore critical that we employ highly skilled professionals in the areas of hedge fund research, risk management, and investor relations, and continually make capital investments in areas such as technology to provide our employees with the most advanced tools to do their jobs.
Summarized below are several of our principles:
- Hedge fund research and due diligence is the core function of our business
- Rigorous risk management underpins every stage of our investment process
- Specialization of all due diligence functions ensures deep understanding of underlying hedge funds
- Constant innovation to access new opportunities and address challenges
- Partnership with our clients to empower them to effectively manage their hedge fund allocations
- Implementation options designed to suit a range of client needs -- through commingled and customized portfolios, on both a discretionary and advisory basis
*As of June 30, 2012. The managers seek to achieve the stated objectives. There can be no guarantee the objectives will be met.
This material does not constitute an offering of any security, product or service, including any fund named herein (the "Funds") for which an offer can be made only by each Fund's confidential offering memorandum (the "Offering Memorandum") or information memorandum. This material is for information purposes only, is confidential and may not be reproduced or distributed. This material is qualified in its entirety by the Offering Memorandum, which should be carefully read prior to any investment in a Fund. The purchase of shares of a Fund is suitable only for sophisticated investors for whom an investment in such Fund does not constitute a complete investment program and who fully understand and are willing to assume the risks involved in such Fund's investment program. An investment in the Funds involves a number of risks. For a description of the risk factors associated with an investment in a Fund, please refer to the section discussing risk factors in the Offering Memorandum. Shares of the Funds are not deposits, obligations of, or endorsed or guaranteed by, JPMorgan Chase Bank, NA or any other bank and are not insured by the FDIC, the Federal Reserve Board or any other government agency. J.P. Morgan Alternative Asset Management, Inc. is hereinafter referred to as JPMorgan Alternative Asset Management or JPMAAM. JPMAAM is registered as an Investment Adviser with the SEC.
FOR INSTITUTIONAL USE ONLY
This website is intended to report solely on the investment strategies and opportunities identified by J.P. Morgan Asset Management. Additional information is available upon request. Information herein is believed to be reliable but J.P. Morgan Asset Management does not warrant its completeness or accuracy. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The investments and strategies discussed herein may not be suitable for all investors; if you have any doubts you should consult your J.P. Morgan Asset Management Client Adviser, Broker or Portfolio Manager. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. You should consult your tax or legal adviser about the issues discussed herein.
J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not limited to, J.P. Morgan Investment Management Inc., Security Capital Research & Management Incorporated and J.P. Morgan Alternative Asset Management, Inc.