J.P. Morgan Continues Momentum with New Head of Defined Contribution for Global Strategic Relationships

NEW YORK, June 30, 2015 /PRNewswire/ -- J.P. Morgan Asset Management today announced the addition of Don MacQuattie to its U.S. Funds team as Head of Defined Contribution for Global Strategic Relationships (GSR). In this capacity, he will lead GSR's sales and service efforts to deliver defined contribution (DC) solutions across all U.S. Funds' distribution channels – including wealth management firms, independent broker-dealers, RIAs, insurance/sub-advisory firms, record keepers, and banks & trust companies – reporting to Robert Stark, Head of Global Strategic Relationships.

"DC already represents a significant portion of our U.S. Funds business and will play an even more important role going forward," said Robert Stark, Head of Global Strategic Relationships, U.S. Funds, J.P. Morgan Asset Management. "Don's industry experience and deep understanding of the opportunities and challenges that our DC clients face will help us sharpen our focus, accelerate momentum, and continue to drive a consistent client experience. With his leadership, we look forward to further strengthening our presence in the DC space."

Mr. MacQuattie has more than 20 years of experience creating and executing sales and distribution strategies in the DC space. He previously led relationship management initiatives across all product lines for some of the Capital Group's largest distribution partners, including Fidelity, Vanguard, T. Rowe Price, Pershing and TD Ameritrade. Before that he was responsible for non-profit and government retirement plan offerings at Hartford Financial Services, and built and launched the Retirement Plans Group's Key Accounts team. He also spent 12 years with Merrill Lynch, where he managed the New York City district's retirement plan sales and marketing efforts, overseeing more than $1 billion in corporate retirement plan assets.

To learn more about J.P. Morgan Funds please visit jpmorganfunds.com.

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.6 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 $2.4 trillion and operations in more than 60 countries.  Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

J.P. Morgan Asset Management is a leading provider of comprehensive retirement solutions and is dedicated to improving individual retirement outcomes.  The firm has defined contribution assets under management of nearly $146 billion, as of March 31, 2015.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.

SOURCE J.P. Morgan Asset Management