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Reviews for JP Morgan

Average User Review Ratings for Investment Fund (Unit Trust) products

Service Rating
3.0
Value Rating
4.0
Overall Rating
3.0
Recommend?
100 %


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Service: Investment Fund (Unit Trust) Product: WealthManager+

Review by hdeakin299 submitted on 09 January 2014

Likes: Has changed its function recently

Dislikes: Is no longer being an "across the board" platform a bad thing?

Service Rating:
Value Rating:
Overall Rating:
Recommended?

I received a letter dated 13 Dec 2013 from JP Morgan Asset Management . It said "Effective from 7 March 2014 we will no longer offer funds and investment trusts that are not provided by JP Morgan. We will also cease to offer exchange traded funds........" . So it is no longer providing the full across the board full platform range and functionality that it once did. Is this a good thing? Is a change of their business model a good or a bad thing in the current regulatory framework?


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