JPMorgan Fleming is set to launch its new asset management arm on May 14.
JPMorgan Fleming Asset Management - which was created out of the merger of Chase Manhattan and JP Morgan in January - incorporates Chase Fleming Asset Management in Europe, Asia and Japan, with JPMorgan's stake in the DB and DC pension business, as well as in fixed-income and structured portfolios.
The new firm has asset valued at over US$600bn, with offices in 38 locations and 750 investment staff globally.
Paul Bateman, head of JPMorgan Fleming Asset Management for Europe, Asia and Japan, said: A key element of the new combined company will be its strong local market presence in all regions backed by the resources of a global company.
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