Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

JP Morgan global thematic manager exits

JP Morgan global thematic manager exits

Gary Clarke (pictured), JP Morgan's co-head of global thematic and retail within the global equities team, has left the firm.

Clarke, who was formerly head of Schroders' European equities team, ran a raft of funds at the firm alongside Peter Kirkman, including a number of Luxembourg-domiciled products including the JPM Global Developing Trends and the JPM Global Total Return.

Kirkman is now the sole manager of these funds.

The JPM Global Infrastructure Trends fund that Clarke formerly ran was liquidated in August, while his UK-domiciled JPM Global Equity Absolute Alpha fund is in the process of being liquidated.

In a statement, JP Morgan Asset Management, said: 'We can confirm Gary Clarke has decided to leave the company for personal reasons. Peter Kirkman has been appointed lead portfolio manager on the JPM Global Equity and JPM Global Unconstrained Equity funds.'

'Peter has served as named portfolio manager on these strategies since inception. The investment philosophy, process and management of the funds remain consistent.'

Over the past three years, Clarke posted an average return of 34% across the global equity funds he managed compared to 34.8% by the average manager in the sector.

Prior to Schroders Clarke worked as a European equity manager at Gartmore.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Play Wealth managers reveal the best investment ideas of the year

Wealth managers reveal the best investment ideas of the year

From robotics to impact investing, wealth managers share the best ideas they have heard this year.

Play Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Sophie Earnshaw talks through what Xi Jinping's 'new era' means for investors. and why Chinese tech offers some of best growth stocks in the world.

Read More
Your Business: Cover Star Club

Profile: JM Finn on why the future is with financial planners

Profile: JM Finn on why the future is with financial planners

There is a lot of work on pension consolidation and Sipps have been a big driver there, says JM Finn chief executive

Wealth Manager on Twitter