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JPMorgan Asset Management gets Gold Standard for Fund Management four years running

Nov 24, 2006

JPMorgan Asset Management (JPMAM) has been awarded a Gold Standard for Fund Management by Incisive Media, publishers of Investment Week and Bloomberg Money, for the fourth year running.

Campbell Fleming, head of JPMAM's U.K. business is delighted, saying, “We are the only company to have won this award for the fourth consecutive year.

"As a business, we are constantly reviewing the offering to our clients and aiming to provide the highest quality of products and services in the market place, so it's very rewarding to be endorsed in this way."

Rigorous selection criteria
To be nominated for a Gold Standard award, companies have to complete a rigorous submission document, assessing five areas of their business:

• Financial strength,
• Staff training and development,
• Service to consumers,
• Fair value to customers,
• Trustworthiness.

Fleming is especially pleased with this year's win, as the application process was more difficult than previous years'.  He explains, "This year's win is particularly gratifying as many of the questions delved much more deeply into our business and required a lot more information to fill in. The idea may have been to put off firms like us - who have won in the past - from applying. However, I'm delighted we persisted and rose to the challenge to make JPMAM a Gold Standard winner again this year."

The verdict on JPMAM
Overall, the Gold Standard awards judging panel was impressed with JPMAM's financial strength, the value its product range offered to consumers and the high service standards it set itself. As such it felt the firm was an industry leader in which consumers could have a high degree of trust.

Specifically, the areas that impressed the judges the most this year were JPMAM's commitment to communicating clearly to clients and pro-actively asking for feedback, the broad range of courses on offer to employees seeking staff training, and JPMAM's sense of corporate responsibility, ensuring quality products that meet the long-term needs of its customers.

Notes to Editors

JPMorgan Asset Management is part of J.P. Morgan Chase & Co. and is a global asset management leader providing world-class investment solutions to clients. With US$935 billion in assets under management (the Asset Management client funds of JPMorgan Chase & Co. as at September 30 2006) and offices in 40 locations around the world, JPMorgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes.

JPMorgan Asset Management is a trading name of JPMorgan Asset Management Marketing Limited which has issued this material in the United Kingdom and which is authorised and regulated by the Financial Services Authority.  Registered in England No. 288553.  Registered office: 125 London Wall, London EC2Y 5AJ.

Any past performance referred to in this material is not a guide to future performance and the value of investments, and any income from them, can fall as well as rise.  Any tax concessions referred to are not guaranteed and their value will depend on the individual circumstances of investors.  Stock market linked investments carry a number of inherent risks.  These risks will increase where fluctuations in exchange rates impact on the value of any underlying investments or where the investment is exposed to smaller companies or emerging markets.  Investments in fixed income securities that are not rated as investment grade represent a greater risk to an investor’s capital.