GLOBAL - J.P. Morgan Asset Management has expanded its bond team with the appointment of Nick Gartside to the new role of international chief investment officer of fixed income.
Gartside (pictured) joins from Schroders, a firm he joined in in 2002 as a euro government bond portfolio manager before moving to the global bond team as a global government bond portfolio manager in 2007. He is currently head of global fixed income.
He will join J.P. Morgan Asset Management in December of this year and report to Bob Michele, the global chief investment officer of fixed income for New York, London and Asia.
Michele, who himself quit Schroders in 2008 to move to JPMAM, hired Gartside at the London-based asset manager eight years ago.
Gartside will run JPMAM's international fixed income business and another ex-Schroders manager Steve Lear will continue to oversee US operations, both reporting to Michele.
"We worked with Nick for a long time, he is a very talented and very bright fund manager. Our business is growing and we could use another very capable pair of hands," Michele said.
"He is coming into a very broad role. He will have some responsibility for portfolios and he will certainly work with me on Strategic Bond, as the two of us have done in the past.
"Since I moved back to the US from London over the summer there has been a need to have a single lead investor internationally."