J.P. Morgan Asset Management

Retirees' target date funds making hedge fund style bets

A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets.

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JP Morgan to invest $45 mln in Brazilian online retailer Dafiti

Brazilian online fashion retailer Dafiti said on Tuesday that it would receive $45 million from J.P. Morgan Asset Management in a cash-for-equity deal.

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