J.P. Morgan Grows Custody Franchise For Pensions and Endowments

London, March 9, 2010 – J.P. Morgan's Worldwide Securities Services business today announced it has been awarded two new mandates from charities and endowments in Europe, further expanding its leadership position in servicing clients in this sector. These clients are:  

University of Oxford Capital and Endowment Funds
J.P. Morgan now provides global custody accounting, passive currency overlay and cash management to the Oxford Capital Fund and Oxford Endowment Fund, with total assets of £1 billion.

The Tudor Trust
J.P. Morgan has been mandated to provide global custody, FX and cash management to this charitable foundation, which has total assets of £225m.

Sandra Robertson, Chief Investment Officer, Oxford University Endowment Management Limited, said: “We are very pleased to have selected J.P. Morgan as our custodian due to its experience in dealing with UK charities, leadership position and breadth of product and service offering.”

Benjie Fraser, Practice Lead for J.P. Morgan Worldwide Securities Services' pensions, charities and foundations business in Europe, said: “Charities and endowments are an increasingly important part of our growing franchise for pensions, charities and foundations in the UK. We are pleased to offer the products and services these important institutions need to meet their objectives.”

About Oxford University Endowment Management Limited (OUEM)
OUEM was set up by the University of Oxford’s Investment Committee to provide investment management services for the University, colleges and related entities that comprise the “University of Oxford”.  They currently manage both the Oxford Endowment Fund and the Oxford Capital Fund.

About The Tudor Trust
The Tudor Trust is an independent grant-making trust which supports charitable organisations working across the UK.

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 $14.9 trillion in assets under custody and $5.1 trillion in funds under administration. For more information, go to www.jpmorgan.com/visit/wss.

About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 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, Chase, and WaMu brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.