JPMorgan Funds –Highbridge Europe STEEP Fund
An innovative approach to European equity investing The JPMorgan Funds - Highbridge Europe STEEP Fund offers investors an innovative way to profit from the return potential of the European stock market. Drawing on Highbridge’s industry-leading statistical arbitrage process, the fund employs an automated, quantitative model to identify and capitalise on small but predictable anomalies in equity markets in order to generate attractive long-term returns. Read more
An innovative approach to European equity investing
The JPMorgan Funds - Highbridge Europe STEEP Fund offers investors an innovative
way to profit from the return potential of the European stock market.
Drawing on Highbridge’s industry-leading statistical arbitrage process, the fund employs an automated, quantitative model to identify and capitalise on small but predictable anomalies in equity markets in order to generate attractive long-term returns.
A new way to source returns from the European stock market
JPMorgan and Highbridge introduce a strategy designed to exploit small inefficiencies in the European equity market. Emphasising stock selection as the primary source of alpha, the JPMorgan Funds - Highbridge Europe STEEP Fund aims to minimize its exposure to common market factors through diversification, pursuing higher risk-adjusted returns than the wider market.
Offering broad exposure to a universe of the most liquid European stocks, the fund may be an attractive solution for investors seeking a core holding in European equities. Its low correlation with traditionally managed equity funds means adding it to a diversified portfolio may boost risk-adjusted returns.
What is statistical arbitrage?
Statistical arbitrage is a trading strategy that seeks to identify and profit from small inefficiencies in the market using an automated, quantitative approach to investing. The strategy attempts to profit just from the alpha component of a stock’s return and minimize the effect of market and common factor moves. Highbridge’s approach trades rapidly and often, rebalancing the portfolio every five minutes throughout the trading day. The JPMorgan Funds - Highbridge Europe STEEP Fund’s investment process is based on statistical arbitrage techniques developed by Highbridge Capital Management, a global alternative asset management firm in which JPMorgan Asset Management has a majority interest.