J.P. Morgan Asset Management
Watch breaking news videos and read news updates about J.P. Morgan Asset Management on pionline.com
J.P. Morgan said to be in talks to sell $4 billion private equity stakes
trueJ.P. Morgan Chase, which is planning to break off its buyout unit, is in talks to sell about $4 billion of private equity stakes to an investor group, said three people familiar with the situation.
Shutdown foils asset owners and managers
trueThe political paralysis in Washington that shut down the federal government Oct. 1 and is bringing the U.S. within days of breaching its debt ceiling is taking a toll on institutional investors, from spiking short-term borrowing costs and market uncertainty to general frustration.
JPMAM assets flat in Q3 despite $32 billion in net inflows
trueJ.P. Morgan Asset Management reported assets under management of $1.5 trillion as of Sept. 30, just as they were three months prior and up 12% from the year before.
DC execs might be impeding auto features
trueDefined contribution plans can be thwarted in adopting practices such as auto enrollment and auto escalation by DC executives' uncertainty about plan design as well as by executives' misreading the interests of participants, according to J.P. Morgan Asset Management.
Reed Elsevier picks J.P. Morgan as record keeper
trueReed Elsevier Inc., New York, hired J.P. Morgan Retirement Plan Services as record keeper of its 401(k) plan, according to the plan's website.
Chicago Policemen's pension fund drops 3 international equity managers
trueChicago Policemen's Annuity & Benefit Fund terminated three active international equity managers.
Highbridge names new CEO
trueScott Kapnick was named CEO at Highbridge Capital Management, effective Friday, confirmed Darin Oduyoye, spokesman for parent company J.P. Morgan Asset Management.
JPMAM assets flat in quarter despite $25 billion net inflows to long-term strategies
trueJ.P. Morgan Asset Management reported assets under management of $1.5 trillion as of June 30, relatively flat from the prior quarter and up 9% from the year before, according to parent company J.P. Morgan Chase's second-quarter earnings report issued Friday.
J.P. Morgan Asset Management chooses CIO for currency management
trueRoger Hallam was named chief investment officer for currency management in J.P. Morgan Asset Management's global fixed-income group.
J.P. Morgan adds chief investment officer for OECD infrastructure equity
trueMatt LeBlanc is joining J.P. Morgan Asset Management's global real assets team as chief investment officer for OECD infrastructure equity.
Pension buyouts might increase risk for plan, report finds
truePurchasing a pension buyout for retirees might increase risk for the pension fund and result in greater costs to the company than the premium paid to an insurer, according to a report from J.P. Morgan Asset Management.
Open-end core real estate funds are hot again
trueLines of investors waiting to get in are starting to form at open-end core real estate funds for the first time since the financial crisis.
Illinois Teachers to begin process to replace transition managers
trueIllinois Teachers' Retirement System, Springfield, will go back to the list of transition managers used in a 2012 search and will “refresh the RFIs” to find replacements for Credit Suisse Asset Management and J.P. Morgan Asset Management.
J.P. Morgan 's Dimon expected to keep chairman, CEO roles
trueJ.P. Morgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today's shareholder meeting, according to two people with knowledge of the tallies.
J.P. Morgan Asset Management to buy Manhattan building
trueJ.P. Morgan Asset Management is acquiring a 31-story office tower in midtown Manhattan for around $750 million, several sources say.