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JP Morgan’s multi-asset fund steals a march on stars

A JP Morgan multi-asset fund was the top-selling fund in Europe in the third quarter, beating star names including Neil Woodford

Amid all the headlines of money following star managers such as Neil Woodford and Bill Gross, a multi-asset fund run by JP Morgan has been quietly harvesting assets.

The JP Morgan Global Income fund took in €639 million during September, making it the top-selling fund in Europe for that month, according to data provider Lipper.

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