JP Morgan Asset Management (JPMAM) has moved to bolster its international ETF sales capability with quadruple hires across Europe and Asia.
Among the moves, Simone Ishikawa has been appointed as sales strategist and will be responsible for developing distribution plans for the international ETF business. Ishikawa will be based in London and will report to Bryon Lake, head of international ETFs at JPMAM.
Meanwhile, in the Paris-based business Alfred Le Léon has been appointed head of ETF distribution for France and will be focusing on developing key ETF relationships across JPMAM’s client base. Le Léon joins from Deutsche Bank where he was responsible for Xtracker ETF sales to asset managers, intermediaries and institutional clients.
He will report to Olivier Paquier, head of continental Europe ETF distribution at JPMAM who himself joined the business in January.
Back in London, √Ålvaro Quir√≥s has joined JPMAM’s international beta product team as a product specialist focusing on the development of ETFs alongside other vehicles. He was also previously at Deutsche Bank where he was part of the ETF product development team at Xtrackers, working on idea generation for new launches and the enhancement of the Xtrackers range.
Quir√≥s reports to John Harrington, head of international beta and ETF Product at JPMAM.
Lastly, JPMAM has also appointed Sean Cunningham in a newly created role in Hong Kong as head of Asia ETFs. Cunningham will be responsible for driving the growth of the firm’s ETF business across the region which will involve partnering with distribution, client service and investment teams to identify opportunities in the growing ETF product categories in Asia.
Lake said the new hires are a sign of the work being done at JPMAM to build out its international ETF platform business. “These appointments are very much a reflection and extension of that strategy,” he said.
JPMAM’s global ETF suite now has approximately $12bn in assets under management. The company entered the ETF space late last year and most recently launched a range of fixed income funds.