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 restructures UK sales team in response to RDR

JPM restructures UK sales team in response to RDR

JP Morgan Asset Management has restructured its UK sales force to provide more focus on key clients, recruiting Andy Larkin from Neptune to head its new global strategic relationships team.

Larkin, previously head of strategic relationships at Neptune, will report to head of UK fund sales Jasper Berens (pictured), in one of a series of changes the group said had been made in response to the RDR.

‘The UK fund distribution and fund selection market has undergone significant change following the Retail Distribution Review (RDR),’ said Berens.

‘To meet those changes, this new organisation will better enable our sales teams to focus right across key client channels. Improved alignment with client segments will allow for increased productivity and importantly will ensure our teams have the resources and capacity to deliver our best-in-class product offerings.’

Larkin and his group will focus on building relationships across key client channels, including advisory and discretionary fund panelling, insurance & platforms and wealth managers

Alex Barry, previously head of UK wholesale, will relocate to New York to deal with US clients, while former head of intermediary sales Mike Parsons will head JPM’s new field sales team.

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 Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

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.

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