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.
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SOURCE J.P. Morgan Asset Management