J.P. Morgan Asset Management enhances Global Real Assets capability
Nov 25, 2010
J.P. Morgan Asset Management has announced the appointment of Tyler Goodwin as a Managing Director for its Global Real Assets team.
Hong Kong, November 25, 2010 – J.P. Morgan Asset Management has announced the appointment of Tyler Goodwin as a Managing Director for its Global Real Assets (GRA) team. This hire represents a significant addition to the already highly skilled and accomplished GRA team.
Based in Hong Kong, Mr Goodwin is responsible for advising clients throughout Asia on the opportunities and risks associated with investing in Real Estate, Infrastructure and Maritime real assets. He is also the primary contact between GRA and the senior investment professionals in Asia’s Sovereign Wealth Funds, Pension Companies, Life Insurance Companies, Institutional Investors and Family Investment Offices.
Mr Goodwin rejoins J.P. Morgan after investing significant time and effort in the region and in particular in India, originating, structuring and advising on real estate debt and equity transactions. He has over 20 years of real estate experience across Asia, the United States and Canada which includes experience in valuation and consultancy, private equity, investment banking and property development. He was previously a senior member of the J.P. Morgan Real Estate Principal Investments Business in Asia responsible for investing the bank’s balance sheet in real estate through equity, debt and structured finance.
Commenting on his new role, Mr Goodwin said: “I am excited to have re-joined J.P. Morgan. Our Global Real Assets business is a global leader in real estate and infrastructure funds management which forms an integral component to global institutional investors’ alternative investments strategy. The rapid growth in Asian foreign reserves and institutional capital led us to the decision to invest significantly in the region to better serve the needs of our clients. In addition to resources available within our sizeable Global Real Assets team of experts, I am already enjoying the advantages of working in partnership with J.P. Morgan’s considerable resources in Asset Management and Investment Banking around the region. The firm’s continued and growing commitment to Asia is remarkable.”
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About J.P. Morgan Asset Management – Global Real Assets
J.P. Morgan Asset Management – Global Real Assets has approximately $46.9 billion in real estate and infrastructure assets, as of September 30, 2010. With a 40-year history of successful investing and a staff of 362 professionals, J.P. Morgan Asset Management – Global Real Assets identifies, analyzes, negotiates, acquires, develops, redevelops, renovates, operates, maintains, finances and sells assets, on behalf of its clients. J.P. Morgan Asset Management's broad investment capabilities and framework for analyzing opportunities in today's complex real estate and infrastructure markets provide critical insights for its institutional clients in both the public and private markets.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under supervision of $1.3 trillion, is a global leader in investment and wealth management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high-net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. J.P. Morgan Asset Management provides trust and estate, banking and brokerage services to high-net-worth clients and retirement services for corporations and individuals. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Real estate and infrastructure investing may be subject to a higher degree of market risk because of concentration in a specific industry, sector or geographical sector. Real estate and infrastructure investing may be subject to risks including, but not limited to, declines in the value of real estate, risks related to general and economic conditions, changes in the value of the underlying property owned by the trust and defaults by borrower.
The risk of investing in foreign countries is heightened when investing in emerging markets. In addition, the small size of securities markets and the low trading volume may lead to a lack of liquidity, which leads to increased volatility. Also, emerging markets may not provide adequate legal protection for private or foreign investment or private property.
International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations.
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