Bringing you live news and features since 2006 

JP Morgan launches cash allocation and rebalancing solution for target date funds

RELATED TOPICS​

JP Morgan Worldwide Securities Services has launched JP Morgan CARSSM, a new, automated platform for daily cash allocation and rebalancing of target date funds – both custom and open architecture – and other complex fund of fund structures. 

Because any investment product or pool is supported, the platform enables pension sponsors, investment managers and consultants to design and implement highly customised solutions with flexibility, efficiency and control.
 
JP Morgan CARS SM allows clients to implement a unique allocation strategy (“glide path”) with any configuration of underlying investments. The platform is scalable and secure with configurable parameters that enable efficient administration and embedded system controls.  It is integrated with JP Morgan’s custody, accounting and reporting services.
 
“The pension industry continues to undergo significant change, driven by the broad and continuing shift of responsibility for retirement savings from plan sponsors to plan participants,” says Mark Kelley, Americas Markets Executive for JP Morgan Worldwide Securities Services. “By providing an automated rebalancing solution, JP Morgan CARS SM will enable clients to deliver customised and innovative investment solutions to help achieve better retirement outcomes for their plan participants, reduce costs and mitigate fiduciary risks.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by