JP Morgan AM launches ESG long/short fund

JP Morgan Alternative Asset Management is launching a new long/short equities ESG fund.

The $100 million JP Morgan Multi-Manager Sustainable Long/Short Fund focuses on companies that exhibit strong sustainable performance and are centered on long-term sustainable themes such as energy transition and new technologies for sustainability. The fund will use mainly the firm’s own ESG ratings and will be run by Jamie Kramer, global portfolio manager at JP Morgan AM.