NEW YORK, Feb. 14, 2017 /PRNewswire/ -- J.P. Morgan Asset Management today announced it has named James Peagam head of the firm's institutional business in North America.
In this capacity, Mr. Peagam will be responsible for overseeing institutional distribution strategy, sales and client services and the region's team of dedicated client facing professionals. Mr. Peagam will also continue his duties as Global Head of Insurance Solutions. He will remain based in the firm's New York headquarters and will now report to George Gatch, CEO of Global Funds and Institutional, J.P. Morgan Asset Management.
"James' previous experience working with complex insurance clients makes him a great fit for this role," said Mr. Gatch. "During his time with us, James has established himself as an outstanding leader who is adept at understanding the sophisticated and changing needs of clients and delivering J.P. Morgan's broad set of skills and solutions. We're pleased James is taking on a larger role as we continue to develop and build out our institutional client offering."
Mr. Peagam joined the firm in 2014 as European Head of Global Insurance Solutions and later expanded his role to lead the business globally. Prior to J.P. Morgan Asset Management, he was the Head of EMEA Sales Strategy for BlackRock's Financial Institutions Group and held positions in banking.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.8 trillion, is a global leader in investment 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. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global asset management firm with assets of approximately $2.5 trillion and operations worldwide. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.
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SOURCE J.P. Morgan Asset Management