XCSFDHG46767FHJHJF
tdp2664 E money daily J.P. Morgan Chase & Co. (NYSE:JPM)’s income fund has scheduled an investment in Pakistani bonds. J.P. Morgan Chase & Co. (NYSE:JPM) Planning Bong Investment Businesswire reports that J.P. Morgan Chase & Co. (NYSE:JPM), one of the largest investment banks in the world, has launched an investment fund to invest in the dollar-denominated debt issued by a list of 18 countries that includes Pakistan. According J.P. Morgan Chase & Co. (NYSE:JPM) the fund is the world's first that offers investors in developed markets exposure to non-investment grade debt issued by what are commonly referred to as "frontier markets", including the widely used MSCI indices. Gloria Kim, J.P. Morgan Chase & Co. (NYSE:JPM)'s Head of Global Index Research ,said that, "Growing demand for exposure to Next Generation markets is part of the expansion and deepening of the emerging markets debt asset class. The focus on Next Generation markets is expected to continue as investors seek diversification and higher yields. With this fund, J.P. Morgan Chase & Co. (NYSE:JPM) will provide investors with a well-defined and diligently-managed benchmark for these markets within the emerging markets framework". JP Morgan Chase & Co. (NYSE:JPM) shares were at 31.89 at the end of the last day’s trading. There’s been a -4.6% change in the stock price over the past 3 months. JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.28 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.28 Zack’s Rank: 5 out of 15 in the industry
No comments:
Post a Comment