View the article online at http://citywire.co.uk/wealth-manager/article/a757026
JPM appoints head of global strategy
by Elsa Buchanan on Jun 16, 2014 at 10:11
JP Morgan Asset Management (JPMAM) has appointed John Bilton to spearhead its global strategy team.
Based in London, Bilton will be responsible for determining global economic and asset allocation strategies for JP Morgan funds, and will report to James Elliot, chief investment officer of the international investment management solutions global multi-asset group.
Bilton joins from Bank of America Merrill Lynch where he was most recently head of European investment strategy, responsible for both European equity strategy and broader asset allocation research.
Commenting on Bilton’s appointment, Elliot said: 'John brings extensive asset allocation experience and leadership to our existing team. He will work closely with our quantitative research team and portfolio managers, across asset classes, to continue to build our asset allocation capabilities globally.'
This comes hot on the heels of the launch of JP Morgan's Global Allocation strategy, which has a three-year record in the US, into the UK.
The Global Allocation fund will be managed by Elliot, Citywire + rated Talib Sheikh, who already runs several other multi-asset products at the group; Jeffrey Geller, chief investment officer for the firm’s US global multi-asset team and Jonathan Cummings, a former JP Morgan private banker now on its global multi-asset desk.
Earlier in June, JPMAM also launched a $25 million flexible income fund for managers Andrew Norelli and Matthew Pallai to cater for investors looking for yield.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
Look up the fund managers
More from us
On the road
on Jul 24, 2014 at 10:59