UK/EUROPE - JP Morgan Fleming Asset Management has finalised the new structure of its European equities Team.
William Meadon, James Elliot and Chris Complin have been appointed as head of European institutional funds, head of European retail funds and head of the European equities investment process respectively.
Meadon has 19 years industry experience as a senior fund manager and has managed segregated funds for the European equities team for the last six years.
Chris Complin will be CIO. He has been a senior member of the European equities team for the last four years, managing both European large cap and style funds.
Andrew Spencer, head of European Equities commented: “The key to our success has been pioneering the barbell approach - a winning formula for nearly ten years and style investing in Europe over two years ago.”
There is no change to Robert Machell’s equity funds and team which continues to report to Pablo Forero, chief investment officer of JP Morgan’s equity process.
Kerrin Rosenberg says while the rise of CDI is positive, understanding the risk and return aspect is a great challenge
Schneider Electric has appointed Aon to provide full fiduciary management services for over £400m of assets held in the Schneider Pension Plan.
Pension Insurance Corporation (PIC) has invested £40m in debt issued by Scottish Borders-based Eildon Housing Association.