Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. 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 Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter