NEST awards £40m high yield bond mandate to JP Morgan

Michael Klimes
clock • 1 min read

The National Employment Savings Trust (NEST) has picked JP Morgan Asset Management to run its first high yield bond mandate after an open tender.

The master trust is acting as seed investor for the asset manager's life high yield opportunities fund, which is set up to meet the needs of its members. This fund, which will aim to generate re...

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