JP Morgan Asset Management, one of the world’s largest asset management companies, and MCH Investment Strategies, a company founded in 2008 and with around EUR 4 billion in assets under management or representation, have announced the closing of the first fund resulting from their strategic alliance for the development, management and distribution of real asset programmes in Portugal and Spain, the two firms announced today.
In just four months, the MCH Global Real Asset Strategies fund, which has been marketed mainly to institutional clients and through private banks, has raised over 370 million euros.
The fund, launched last February, will diversify its investments by country, sector and asset type in infrastructure, real estate and transport.
In their agreement, JP Morgan AM introduced its range of alternative investment solutions in Spain. In addition, both institutional investors and private banks can access the international manager’s real asset strategies tailored to the Spanish market.