JP Morgan debuts first thematic sustainable fund in Hong Kong

The US fund house has partnered with Bank of China (Hong Kong) to launch the Sustainable Infrastructure Fund

JP Morgan Asset Management (JPMAM) has launched the JPMorgan Sustainable Infrastructure Fund in partnership with Bank of China (Hong Kong).

The group’s first thematic sustainable investment fund in Hong Kong invests in green infrastructure assets that try to solve real world problems such as climate change, demographic shifts and rapid urbanisation. It also has exposure to traditional infrastructure assets for dividend opportunities.

“In light of the accelerated pace of growth in ESG awareness and sustainable fund adoption, the Sustainable Infrastructure Fund is designed to meet the demand of investors who are seeking to support a sustainable and inclusive economy through investment,” said Elisa Ng, head of Hong Kong for JPMAM. 

The fund is a revamp of JPMorgan Global Property Income Fund, which was made available to Hong Kong retail investors in 2005, a JPMAM spokesperson told ESG Clarity‘s sister title Fund Selector Asia.

This is the firm’s second ESG fund authorised by the Securities and Futures Commission, following the Emerging Markets Sustainable Equity Fund.

The fund invests in key themes, including: environmental resilience, via companies that invest in electricity infrastructure, water infrastructure and renewables infrastructure to mitigate the production of greenhouse gases; social infrastructure, via companies investing in medical infrastructure, social house and education infrastructure; and improved connectivity, via companies investing in digital infrastructure, transport infrastructure and sustainable logistics.

It adopts an unconstrained approach, investing in companies across region, sector and market-cap spectrum. Top sector exposure includes utilities, real estate and industrials. Top geographic exposure includes North America and Europe.  

Retail investors can access the fund through the BOCHK mobile app, internet banking or in person through a branch.

The fund is jointly managed by JPMAM’s International Equity Group and the Quantitative Solutions team, with reference to insights from JPMAM’s dedicated Sustainable Investing Team, according to the asset manager.

This article was first covered in Fund Selector Asia.


Natalie Kenway

Natalie is editor in chief at MA Financial covering ESG Clarity, Portfolio Adviser and International Adviser. She was previously global head of ESG insight for ESG Clarity and has been an investment journalist...