J.P. Morgan Awarded New Transition Management Mandate by Lincolnshire County Council Pension Fund

London, May 13, 2010 – J.P. Morgan’s Worldwide Securities Services business today announced that it has completed an asset restructuring for the Lincolnshire County Council Pension Fund. 

J.P. Morgan provided integrated transition management services to the £1.2 billion Lincolnshire County Council Pension Fund to help in the restructuring and implementation of its equity investment portfolio.  The service covered all phases of the transition from strategy development through to execution and performance review and brings together J.P. Morgan's firm-wide capabilities and best-in-class solutions. 

Jo Ray, Financial Advisor, Pensions and Investments at the Lincolnshire County Council Pension Fund, said, "We were keen to minimise cost in implementing this change and required total transparency throughout the process.  We have received a consistently high level of service from J.P. Morgan and are pleased with the outcome, which was delivered within cost expectations."

Benjie Fraser, Practice Lead for J.P. Morgan Worldwide Securities Services' pension fund business in Europe, said, “Our long-term relationship with Lincolnshire County Council Pension Fund is very important to J.P. Morgan, and our transition management team was delighted to help the fund with this asset restructuring as part of the overall set of services we provide for them. J.P. Morgan Worldwide Securities Services has extensive experience meeting the needs of U.K. local authority pension funds, and is committed to working closely with government funds across Europe.”

J.P. Morgan's award-winning¹ transition management group provides asset restructuring services for clients around the world, with dedicated teams based in London, New York, Singapore and Sydney.  

About Lincolnshire Pension Fund
Lincolnshire Pension Fund is part of The Local Government Pension Scheme (LGPS). The LGPS is a countrywide scheme, designed for the needs of its members and their families and provides a range of benefits that cover many situations, not just retirement.

Lincolnshire County Council invests the pension fund for Lincolnshire County Council, all the district councils, and many other organisations who are generally non-profit making, or are undertaking a service which was, or could be carried out by the Local Authority. The value of the pension fund at 31st March 2010 is £1.2bn with over 100 contributing employers and over 20,000 contributing members.

About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, N.A. (NYSE: JPM), WSS leverages the firm’s unparalleled scale, leading technology and deep industry expertise to service investments around the world. It has $15.3 trillion in assets under custody and $5.1 trillion in funds under administration. For more information, go to www.jpmorgan.com/wss.

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.