JP Morgan Asset Management teams with iCapital Network to offer alt investment strategies to individuals
JP Morgan Asset Management has partnered with iCapital Network (iCapital) to provide a white label offering exclusively for Registered Investment Advisors and their clients providing access to a select group of JP Morgan Global Alternative strategies.
"As we get later in the economic cycle, identifying alternative sources of return is an essential consideration for investors looking to build stronger portfolios. Institutional clients have long embraced alternatives as a strategic part of their asset allocation, and many high-net-worth investors continue to be under-allocated to alternatives relative to their institutional counterparts," says Anton Pil, Managing Partner of JP Morgan Global Alternatives. "Given the current rising interest rate environment, investors are looking for alternative sources of income that provide diversification to broader fixed income markets, and as a result, we are starting with several of our income-focused Alternative Investment strategies."
Christopher Hayward (pictured), Managing Partner of JP Morgan Global Alternatives, says: “iCapital's industry-leading financial technology platform solves a critical need and will allow us to expand access to our alternative investment capabilities among a wider audience. We anticipate that we will launch additional strategies over time.”
Lawrence Calcano, Chief Executive Officer of iCapital Network, says: “My colleagues and I are delighted that JP Morgan Asset Management has partnered with iCapital to power its alternative strategies platform. We are committed to democratising alternative investments by providing unparalleled technology to advisors and their high-net-worth clients that improves the experience of allocating to new exposures and strategies."