People Moves

JP Morgan AM Bolsters UK Sales Team

Tom Burroughes, Group Editor, London , 23 December 2013

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JP Morgan Asset Management has announced the appointment of Andrew Larkin as head of the newly formed global strategic relationships management team in UK Funds Sales, reporting to Jasper Berens, who is head of UK Funds.

JP Morgan Asset Management has announced the appointment of
Andrew Larkin as head of the newly formed global strategic relationships management
team in UK Funds Sales, reporting to Jasper Berens, who is head of UK Funds.

This new role is part of JP Morgan Asset Management's
strategy realign its sales team structure to better focus on its key clients,
the firm said in a statement last week.

"In order to continue to build the record momentum of
our business, we need to be certain our resources are optimally aligned to our
greatest opportunities and our most important strategic clients. This
restructuring of our sales teams around clearly defined client channels will
enable us to enhance our service and coverage of our core intermediary and
Investment Trusts businesses," Berens said.

Larkin and his group will focus on building relationships
across client channels including advisory and discretionary fund panelling,
insurance and platforms and wealth managers.

Jamie Farquhar will now lead the fund panelling team and
Nick Keem will now lead the wealth management team, reporting to Larkin. A new
head of the insurance and platforms team will be announced in due course.

Alex Barry, formerly head of UK Wholesale Sales, will
relocate to a New York-based funds sales role looking after key strategic
relationships.

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