HONG KONG: J.P. Morgan Asset Management appoints Travis Spence as Head of Global Strategic Relationship Group
Jan 21, 2014
J.P. Morgan Asset Management (JPMAM) today announced that Travis Spence has been appointed as Head of Global Strategic Relationship Group (GSRG), Asia Pacific ex-Japan under the Asia Funds Management business. Prior to his new role, Travis was Head of Global Liquidity, Asia Pacific for JPMAM and was instrumental in developing the liquidity businesses in the region.
Based in Hong Kong and working closely with teams across the region, Travis will oversee the largest global, regional and local client relationships in Asia and will identify new business opportunities with existing clients and prospects. Jed Laskowitz, Chief Executive Officer, Asia Pacific at JPMAM said, "We are excited to have Travis play this important role in delivering a first-class client experience and building long-term strategic partnerships with our clients."
Commenting on the appointment, George Gatch, Chief Executive Officer of JPMAM's Global Funds Management business said, "It has been really gratifying to see the progress and significant gains in market position for J.P. Morgan in Asia Pacific. The opportunity to offer our investment insights and strategies to even more clients in the region is tremendous, and this role will be crucial to those efforts. I am confident that the team and our clients will benefit from the expertise and substantial client management experience that Travis brings to this role."
Roger Bacon, Managing Director and Head of Managed Investments, Asia Pacific at Citi Private Bank said, "Institutional connectivity with our investment management partners is key to help us deliver the best market insights and investment solutions to our clients. We look forward to working closely with Travis and his team."
Travis has been in Asia for over 17 years. During his tenure as Head of Global Liquidity, Asia Pacific, the business pioneered six local currency money funds and expanded across Hong Kong, Singapore, Tokyo, Sydney and Shanghai. Importantly, Travis and his team were instrumental in J.P. Morgan being awarded a license to distribute local mutual funds to institutional investors in China. Prior to J.P. Morgan, Travis worked for eight years with Citi in Singapore, where he held senior sales and relationship management roles serving both regional financial institutions and corporate client segments.
JPMAM is one of the largest and most established investment managers in Asia, first established in 1970 with presence in 8 countries and over 1,700 employees, including 180 investment professionals1. JPMAM has a culture in Asia of innovation and commitment to our clients, recognised for the fifth time as winner of The Asset's "Best Asset Management Company" in Asia and Hong Kong2, a two-time winner of AsianInvestor's "Asset Manager of the Year", and winner of the "Investor Education Program of the Year" for our Market Insights program3.
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For further information please contact:
Daniel Chui, Head of Investor Communications
Telephone: (852) 2800 2874
Florence Chan, Internal & Media Communications
Telephone: (852) 2800 2776
Issued by JPMorgan Funds (Asia) Limited
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Notes to Editors
J.P. Morgan Asset Management ("JPMAM") is the brand name of J.P. Morgan Chase & Co's asset management companies, including JPMorgan Funds (Asia) Limited.
J.P. Morgan Asset Management is a global asset management leader providing world-class investment solutions to clients. With close to US$1.6 trillion in assets under management (the Asset Management client funds of J.P. Morgan Chase & Co. as at 31 December 2013) and offices in 35 countries around the world, J.P. Morgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes.
J.P. Morgan Asset Management managed Asia Pacific client assets totalling US$132 billion as at 31 December 2013. In Asia Pacific we have 8 offices, including Hong Kong as our regional headquarters, Australia, China, India, Japan, Korea, Singapore and Taiwan. With over 1,700 employees across the region, JPMAM is able to provide a constant link to these markets and to gather first-hand insights and perspective.
Commitment to Hong Kong
JPMAM's investment management business in Asia has remained headquartered in Hong Kong for more than four decades and today has over 500 employees based in this location. JPMAM is one of the largest local investment managers in Hong Kong with about US$90 billion (as at 31 December 2013) of funds managed across the Asia Pacific region.
As part of a major global investment group, we are committed to providing specialist teams with the resources needed to deliver successful products and performance to our clients. The Hong Kong-based Pacific Regional Group, together with the local presence of the Global Portfolios Group, Global Multi Asset Group and Global Fixed Income Groups, forms the core of JPMAM's investment management operations. In addition to the knowledge and experience of our individual investment professionals, the stability of the team has enabled JPMAM to develop strong relationships with local clients.
- 1 As of 2013. It includes investment professionals from China International Fund Management Co., Ltd., a joint venture of J.P. Morgan Asset Management (UK) Limited and Shanghai International Trust Co., Ltd.
- 2 Issued by The Asset, 2013 award. All awards are reflecting the performance of previous calendar year.
- 3 Issued by AsianInvestor, 2013 award. All awards are reflecting the performance of previous calendar year.