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J.P. Morgan Chase & Co. (NYSE:JPM) has raised another £40.9 million fund for its recently-launched emerging income trust. J.P. Morgan Chase & Co. (NYSE:JPM) Trust Continues To Grow According to an announcement made by J.P. Morgan Chase & Co. (NYSE:JPM)'s Asset Management division, it has raised another £40.9 million fund for its recently launched Global Emerging Markets Income Trust by issuing new shares. David Barron, head of investment trusts at JP Morgan Chase & Co. (NYSE:JPM)'s Asset Management, said, "The trust has traded at a premium since its launch last year. As a result, the board has taken steps to continue to issue shares where possible to meet the ongoing demand from new and existing shareholders." JP Morgan Chase & Co. (NYSE:JPM) shares are currently standing at 45.5. Price History Last Price: 45.5 52 Week Low / High: 35.16 / 48.36 50 Day Moving Average: 45.91 6 Month Price Change %: 21.3% 12 Month Price Change %: 2.8%
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Thursday, April 28, 2011
J.P. Morgan Chase & Co. (NYSE:JPM) Trust Continues To Grow
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