Money Makers

JPMorgan Emerging Markets (ticker: JMG) was launched in 1991 and has been managed by Austin Forey since 1994. His near 30-year period in charge has seen the trust return a compounded 7.7% a year versus 5.8% for its benchmark. However, JMG's NAV fell by 17% in the year ended June 2022, its worst loss for over twenty years, as highly-rated shares struggled across most of its markets although it has recovered slightly since. John Citron became a named manager alongside Forey in 2021 and they have now been working together for around a decade. JMG typically has around 60 positions, mostly in consu...