Key Takeaways
- • JPMorgan Asset Management has secured a mandate from Quilter to manage a new UK long-short equity fund, immediately integrated into Quilter's WealthSelect model portfolio service (MPS).
- • The fund will be managed by a team led by Jonathan Ingram (manager of JPMorgan's UK and European Dynamic Equity funds, both top-quartile performers over 1-, 3-, and 5-year periods) alongside Alexander Whyte, Victoria Helvert, and Guy Anderson.
- • The strategy is based on JPMorgan's recently launched Consumer Long-Short Fund, designed to generate alpha through stock selection rather than beta exposure, with a focus on consumer sector longs and shorts.
- • Guy Anderson brings mid-cap UK market expertise from his management of the £1.5bn Mercantile investment trust; Jonathan Ingram's existing UK Dynamic Equity fund manages £322mn, while his European counterpart exceeds £1bn in assets under management.
- • Quilter cited the team's "disciplined approach" and comfort with multiple investment methodologies as rationale for the appointment, positioning the fund as a differentiated alternatives offering for WealthSelect clients.
Summary
JPMorgan Asset Management has been appointed to manage a new long-short equity fund for Quilter, marking an expansion of the asset manager's presence within the UK wealth management platform. The mandate has been immediately incorporated into Quilter's WealthSelect range, which serves institutional and high-net-worth clients through model portfolio structures.
The fund will be managed by a four-person team headed by Jonathan Ingram, whose track record with JPMorgan's UK and European Dynamic Equity funds demonstrates consistent top-quartile performance across one-, three-, and five-year periods. Ingram's existing UK fund manages £322mn in assets, while his European Dynamic Equity fund exceeds £1bn. The team also includes Guy Anderson, known for his management of the £1.5bn Mercantile investment trust, which focuses on the UK mid-cap segment, alongside Alexander Whyte and Victoria Helvert.
The new fund is structured as an alpha-generation strategy based on JPMorgan's Consumer Long-Short Fund platform. Rather than seeking to outperform through broad market exposure (beta), the strategy emphasizes stock selection within the consumer sector across both long and short positions. This approach positions the mandate as an alternative investment vehicle within Quilter's suite, appealing to investors seeking non-traditional return sources with differentiated exposure.
Stuart Clark, who directs Quilter's WealthSelect MPS, noted that the firm had been monitoring JPMorgan's team "for some time" before finalizing the partnership. He emphasized the team's "disciplined approach" and willingness to employ multiple methodologies to mitigate risks associated with singular investment approaches, characteristics that aligned with Quilter's mandate for "interesting and differentiated investment approaches, particularly in the alternatives space."
The fund will be managed by a four-person team headed by Jonathan Ingram, whose track record with JPMorgan's UK and European Dynamic Equity funds demonstrates consistent top-quartile performance across one-, three-, and five-year periods. Ingram's existing UK fund manages £322mn in assets, while his European Dynamic Equity fund exceeds £1bn. The team also includes Guy Anderson, known for his management of the £1.5bn Mercantile investment trust, which focuses on the UK mid-cap segment, alongside Alexander Whyte and Victoria Helvert.
The new fund is structured as an alpha-generation strategy based on JPMorgan's Consumer Long-Short Fund platform. Rather than seeking to outperform through broad market exposure (beta), the strategy emphasizes stock selection within the consumer sector across both long and short positions. This approach positions the mandate as an alternative investment vehicle within Quilter's suite, appealing to investors seeking non-traditional return sources with differentiated exposure.
Stuart Clark, who directs Quilter's WealthSelect MPS, noted that the firm had been monitoring JPMorgan's team "for some time" before finalizing the partnership. He emphasized the team's "disciplined approach" and willingness to employ multiple methodologies to mitigate risks associated with singular investment approaches, characteristics that aligned with Quilter's mandate for "interesting and differentiated investment approaches, particularly in the alternatives space."
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.