LONDON: Collinge joins J.P. Morgan Asset Management's insurance business
Sep 11, 2012
London, September 11 2012 - J.P. Morgan Asset Management has appointed Ed Collinge to the position of Senior Client Advisor for UK and European Strategic Insurance Sales.
Collinge will be located in London and report to Philip Michaelsen, Head of Strategic Insurance Sales EMEA at J.P. Morgan Asset Management. He will work with insurance clients and prospects across Europe to build customised asset management solutions with particular focus on the forthcoming impacts of Solvency II.
Prior to joining J.P. Morgan Asset Management Collinge was Head of Capital Management at Legal & General's annuity business, where he was responsible for annuity pricing, developing capital optimization strategies under Solvency II, risk transfer to external counterparties and the structuring, development and implementation of bespoke solutions for defined benefit pension schemes, including longevity risk transfer. Before joining Legal & General he was a Director with Lehman Brothers Insurance Capital Markets where he focused on implementing insurance related financing solutions, including life securitisation, reinsurance financing and derivative products. Collinge is a Fellow of the Institute of Actuaries.
Commenting on the hire, Michaelsen said, "As we continue to build our presence in the insurance asset management business, it is key that we continue to invest in people. Ed brings extensive insurance expertise to J.P. Morgan Asset Management, which will be crucial to growing our business."
Matt Malloy, head of Global Insurance Solutions at J.P. Morgan Asset Management concluded: "Collinge's appointment is one of several senior hires the group has made this year, bringing the team to more than 30 people globally. The Global Insurance Solutions team, which has grown its client base by more than 40% since the end of 2010, continues to enhance resources and capabilities across all aspects of its platform, including Advisory, Strategy & Analytics, Portfolio Management, Servicing, and other areas."
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Notes to Editors
About J.P. Morgan Asset Management
J.P. Morgan Asset Management is part of JPMorgan Chase & Co. and is a global asset management leader providing world-class investment solutions to clients. With US$1.3 trillion in assets under management (the Asset Management client funds of JP Morgan Chase & Co. as at 30 June 2012) and offices in 41 locations 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 is a trading name of J.P. Morgan 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: 25 Bank Street, Canary Wharf, London E14 5JP.