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How JPMorgan’s $4bn tech fund is riding the boom on Tesla and PayPal to beat active flows

The US asset manager pulled in €1.9bn last month, driven by demand for its funds offering exposure to China and US technology companies

JPMorgan pulled in €1.9bn last month, with inflows driven by demand for its Greater China equity funds
JPMorgan pulled in €1.9bn last month, with inflows driven by demand for its Greater China equity funds Photo: Getty Images

JPMorgan Asset Management topped a list for active fund flows during September, buoyed by demand for equity funds in a month that saw new money gathered by bond funds fall to a multi-year low.

Data from Morningstar show the US asset manager pulled in €1.9bn last month, with inflows driven by demand for its Greater China equity funds, which gathered €451m as investors sought to ramp up their exposure to the region.

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