Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

JPM poaches trust sales head from Investec

JPM poaches trust sales head from Investec

JP Morgan Asset Management has recruited Tim Mitchell from Investec Bank as its new head of investment trust sales.

In the newly created role Mitchell will co-ordinate sales and investor relations for the firm’s range of closed-ended funds, which currently numbers 23 trusts with £8 billion of assets under management.

At Investec Mitchell was co-head of investment companies, having joined in 2012 after 10 years as Invesco’s head of listed funds sales.

JP Morgan has also appointed Charly Capper as head of marketing for investment trusts. For the past two years Capper headed the marketing effort for the JPM Adviser Solutions multi-manager business.

The appointments will allow James Saunders Watson to focus on his responsibilities as a client director, liaising between the business and the trusts' boards.

‘Last year was our best ever in terms of fundraising, with two new trusts launched – JPMorgan Global Convertibles Income fund and JPMorgan Senior Secured Loan fund – and new shares issued by nine other trusts,' said Simon Crinage, head of investment trusts at JP Morgan.

'With our new teams in place I am confident we can go on to even better things in the years ahead.’

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 Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Play Dangerous daisy chains, Black Friday blues and Uber valuations

Dangerous daisy chains, Black Friday blues and Uber valuations

This week’s Investment Pulse looks at the domino effect in European banks, America’s disappointing Black Friday and how much Uber is really worth.

Play Baillie Gifford's Snell bullish on India's prospects following election

Baillie Gifford's Snell bullish on India's prospects following election

Citywire AA-rated manager is seeing good overall growth for the Asia reason but is wary of varying valuations.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter