Joining them in the manager line-up is Thong, who moved within JPM AM’s emerging markets and Asia Pacific team to assume a role on the income-focused desk in October 2019. He will also have a role on the UK Oeic and UK investment trusts.
A spokesperson for JPM AM confirmed the changes and said that Mehta will continue to serve as lead manager on two other funds at the group.
In terms of performance, the JPM Emerging Markets Dividend fund lost 1.4% in US dollar terms over the three years to the end of May 2020. This is while the average fund in the Equity – Global Emerging Markets sector lost 4% over the same period.