Gary Clarke, head of JP Morgan Asset Management’s thematic investing, has left the firm after two of his funds were liquidated.
Previously, Clarke served as head of European equities at Schroders until 2010, when he joined JPMorgan as co-head of global thematic and retail portfolios.
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Clarke also managed the Global Equity and Global Unconstrained Equity funds along with Peter Kirkman, who will now take over the sole running of the portfolios.
The spokesperson of the company said that Clarke has decided to leave the company for personal reasons.
"Kirkman has been appointed lead portfolio manager on the JPM Global Equity and JPM Global Unconstrained Equity funds. Kirkman has served as named portfolio manager on these strategies since inception. The investment philosophy, process and management of the funds remain consistent," the spokesperson added.
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