JPMorgan Fund With 100% One-Year Gain Focuses on Asia Tech IPOs
Feb 11 2021, 10:34 AM
February 11 2021, 7:56 AM
February 11 2021, 10:34 AM
(Bloomberg) A JP Morgan Asset Management fund that has more than doubled in the past year is making the booming initial public offering market for Asiaâs technology companies its top investment priority in 2021.
(Bloomberg) A JP Morgan Asset Management fund that has more than doubled in the past year is making the booming initial public offering market for Asiaâs technology companies its top investment priority in 2021.
Oliver Cox, who manages the JPMorgan Pacific Technology Fund, sees listings of Asian technology companies this year providing an opportunity for early investment in the âmulti-year winners of the future.â His team is closely watching potential deals including JD Logistics Inc. and ByteDance Ltd.âs short-video app Douyin in Hong Kong, and Flipkart Online Services in India.