NEW YORK, May 8, 2019 /PRNewswire/ -- J.P. Morgan
Asset Management today announced the launch of Bond Ladder
IllustratorSM, a new tool for financial advisors to
create hypothetical municipal bond ladders based on customizable
inputs such as tax rates, credit quality, maturity ranges and
interest rate views.
Powered by an engine built in partnership with Asset and Wealth
Management's Intelligent Digital Solutions group, the tool provides
advisors with the unique opportunity to create hypothetical bond
ladders based on actual municipal bonds that have gone through J.P.
Morgan's extensive credit review process, rather than generic
benchmark interest rate curves.
"Using actual municipal bonds that have made it into J.P.
Morgan's portfolios enables the tool's output to be more indicative
of what a client would actually get if they choose to build a
laddered portfolio with us," said Rick
Taormina, Head of Tax Aware Strategies at J.P. Morgan Asset
Management.
Some of the tool's key features include a tax rate calculator,
customizable portfolio assumptions based on client preferences, and
a personalized, end-client ready report that includes key portfolio
characteristics, estimated investment returns, income, cash flow
and total return metrics.
Bond Ladder Illustrator is the latest addition to J.P. Morgan's
suite of digital portfolio construction tools as the firm continues
to deliver sophisticated digital capabilities to financial
advisors, said Andrea Lisher, Head
of the Americas for J.P. Morgan's Global Funds business.
"This is another great example of how we're investing in
leading-edge tools to help financial advisors build stronger
portfolios for their clients," Lisher said.
"Like our digital Portfolio Analysis and Investment Comparison
tools, Bond Ladder Illustrator combines the 'power under the
hood' of J.P. Morgan's insight and expertise with 24/7 convenience
and an easy-to-use interface that gives advisors what they need in
just a few, simple clicks."
Advisors can access the Bond Ladder Illustrator at
jpmorgan.com/bondladder.
About J.P. Morgan's Municipal Bond Investing Team
With over $69 billion in municipal
bond assets, J.P. Morgan's dedicated investment team and seasoned
credit analysts have managed municipal bonds through a range of
credit and market cycles for more than 35 years. The firm offers a
broad range of municipal bond solutions across the duration and
quality spectrums designed to meet an individual's unique
circumstances including risk tolerance, cash flow needs, tax status
and investment horizon.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management
of $1.7 trillion (as of March 31, 2019), is a global
leader in investment management. J.P. Morgan Asset Management's
clients include institutions, retail investors and high net worth
individuals in every major market throughout the world. J.P. Morgan
Asset Management offers global investment management in equities,
fixed income, real estate, hedge funds, private equity and
liquidity. J.P. Morgan Asset Management is the marketing name for
the asset management businesses of JPMorgan Chase & Co.
(NYSE: JPM), and its affiliates worldwide.
Any forecasts, opinions, statements of financial market trends
or investment techniques and strategies expressed are those of J.P.
Morgan Asset Management, unless otherwise stated, as of the date of
the release. They are considered to be reliable at the time of this
release, and may be subject to change without notice. Investing in
Alternatives investments involves risks.
J.P. Morgan Asset Management is the marketing name for the asset
management businesses of JPMorgan Chase & Co. Those businesses
include, but are not limited to, J.P. Morgan Investment Management
Inc., Security Capital Research & Management Incorporated, J.P.
Morgan Alternative Asset Management, Inc., and J.P. Morgan Asset
Management (Canada), Inc.
J.P. Morgan Distribution Services, Inc., member of FINRA
Copyright 2019 JPMorgan Chase & Co. All rights reserved.
View original
content:http://www.prnewswire.com/news-releases/jp-morgan-launches-new-digital-bond-ladder-tool-300846485.html
SOURCE J.P. Morgan Asset Management