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FIVE GOLDS IN A ROW FOR JPMORGAN ASSET MANAGEMENT

Nov 23, 2007

JPMorgan Asset Management (JPMAM) has scooped a haul of industry awards in quick succession. The first, the Gold Standard for Fund Management, was awarded to JPMAM for the fifth year running by Incisive Media, publishers of Investment Week and Professional Adviser.

To win its 5th Gold Standard Award, JPMAM demonstrated a clear commitment to challenging existing business practices to provide clients with a better proposition than is currently offered in the market-place, high levels of service, integrity and fair value.

Campbell Fleming, Head of UK business at JPMorgan Asset Management, said, “We were delighted to be the UK asset management company to have won this award for the fourth consecutive time last year but winning a fifth in a row is a fantastic accolade by anyone’s standards. This demonstrates our focus on performance, clients and providing the highest quality of products and services in the market place – it is testament to our continued efforts and our commitment to our clients in the UK.”

JPMAM were also awarded the ‘Fund Management Group of the Year’ award by What Investment, the UK’s leading consumer personal finance magazine. A panel of judges looked for a consistent return on investments across an entire range of funds over multiple time periods. Companies that were short listed for the prize had to have substantially outperformed their peers and impressed the judges.

Last week, JPMAM were also named overall winner of the Investment Trust ‘Group of the Year’ award at the Investment Week Investment Trusts Awards 2007.

JPMAM were also the delighted recipients of the ‘Best Online Financial Adviser’ award at the IFA Online awards ceremony held last week.

In the past year JPMAM have become the first UK fund management group to offer a fixed and transparent OEIC pricing structure across its entire range. JPMAM also published a huge piece of IFA research in September this year designed to help intermediaries through tough impending regulatory times. Entitled ‘Surviving the storm’ the document was downloaded by thousands of UK intermediaries and praised by many. In addition, the JPMAM Academy, an innovative and free training and development initiative designed to help IFAs better understand the market place and hence better equip them to advise investors, was launched just over 18 months ago. These efforts to improve standards and understanding in the UK marketplace were noted and commended by the judging panel.

Campbell Fleming continued, “Though we always strive for excellence in the performance of our product offering, we don’t believe in just stopping there with an on-going commitment and service offering to our clients being of utmost importance. We set ourselves very high standards that we deliver on as we believe that is what our clients deserve and this is being recognised by the industry.”

Judging Criteria:

Gold Standard
Launched in 2003, Gold Standards were devised as a benchmark to highlight those financial services companies that are challenging standard business practices in order to offer a better proposition to their clients and restore faith in the financial services sector.  The awards span the whole financial services industry, including fund managers, pension providers, insurers and financial advisers and companies are judged on financial strength, capability, service, fair value and trust.

The verdict on JPMorgan Asset Management
The judges were impressed by JP Morgan’s long-term and sustained commitment to providing a series of services and products that gives investors and their professional advisers, such as independent financial advisers, the knowledge and security to make informed decisions about their financial affairs. It is this peace of mind, in an era of constant change in financial markets and among many providers that is of overriding importance to retaining and improving trust. The training and education work it has undertaken for the industry is particularly of note.

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N.B. JPMAM has 6 AAA Citywire rated fund managers, more than any other UK asset management house and is recognised for their team approach to fund management. JPMAM also run 19 Investment Trusts of which 17 have beaten their benchmark over 3 and 5 years.