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 Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Play CIO Tapes: do investors have it as good as it gets?

CIO Tapes: do investors have it as good as it gets?

Citywire gathered three of the UK's leading fund investment heads to discuss what they fear and what makes them cheer about the year ahead

Read More
Your Business: Cover Star Club

Profile: Rathbone's Newcastle boss on the road to £1bn

Profile: Rathbone's Newcastle boss on the road to £1bn

Starting from zero assets on day one, Rathbone's Newcastle team now looks after just over £400 million in clients money

Wealth Manager on Twitter