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JPMorgan Emerging Markets Investment Trust
Investment trust From Wikipedia, the free encyclopedia
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JP Morgan Emerging Markets Investment Trust (LSE: JMG) is a large British investment trust dedicated to investments in emerging markets.[1] Established in 1991,[2] the company is a constituent of the FTSE 250 Index.[3] The chairman is Aidan Lisser.[4]
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History
The company was established as the Fleming Emerging Markets Investment Trust under the management of Robert Fleming & Co. in 1991. After Robert Fleming & Co. was acquired by Chase Manhattan in April 2000,[5] and Chase Manhattan merged with J.P. Morgan & Co. in December 2000,[6] it was brought under the management of J.P. Morgan & Co. It became the JP Morgan Fleming Emerging Markets Investment Trust in 2002 and then, following JPMorgan's decision to drop the Fleming brand,[7][8] adopted its current name in 2005.[9]
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