The JPMorgan Asia Equity High Income Fund incorporates an options overlay strategy on the index level. This technique aims to capture higher income and reduce portfolio volatility. It mainly holds Asia-Pacific equities, excluding those from Japan.

There is a need for income at a time when expected lower inflation and growth will weigh on cash rates, the firm said, explaining the launch of the fund.

“Investors in Hong Kong are seeking alternative options for passive income,” Elisa Ng, Hong Kong chief executive and head of Hong Kong funds and institutional business, JP Morgan Asset Management, said. “In response to this, we are excited to introduce the Asia Equity High Income Fund, tailored to address local investors’ specific needs for diverse sources of income in times of market volatility and uncertainty.”

As reported yesterday, JP Morgan AM has entered a strategic pact with an investment house in Thailand to tap into the Southeast Asian country's economy.