Article

JPMorgan has decided to maintain its exclusion of conventional weapons investments in one Luxembourg fund, despite previously lifting restrictions on 95 other funds. This decision was communicated in a shareholders notice, indicating specific management reasons for the multi-manager alternatives fund, which has net assets of approximately €342 million. The firm manages over $4 trillion in assets globally and categorizes all 95 funds as 'article 8' under EU ESG investment rules.