J.P. Morgan Wins Dynamic Asset Allocation Mandate

null | Jun 23, 2011

June 23, 2011

Sun Chemical Corp. of Parsippany, N.J., hired J.P. Morgan Asset Management's Global Multi-Asset Group (GMAG) to manage the company's $300 million in U.S. defined benefit assets in a dynamic asset allocation strategy.

GMAG will be managing all aspects of a Dynamic De-risking policy including formulation of the investment strategy, monitoring and implementation. At the core of the strategy is an asset allocation that will be responsive to changes in Sun Chemical's funded ratio with the explicit goal of reaching full funding within a specified time frame.

"Sun Chemical sought a thoughtful, strategic partnership through a very diligent review process,” GMAG Chief Investment Officer for the Americas Jeffrey Geller. "We look forward to bringing our intellectual capital and broad investment resources and insights to bear.”

Any reference to a specific client does not constitute that client's endorsement.

< All events

FOR INSTITUTIONAL USE ONLY

This website is intended to report solely on the investment strategies and opportunities identified by J.P. Morgan Asset Management. Additional information is available upon request. Information herein is believed to be reliable but J.P. Morgan Asset Management does not warrant its completeness or accuracy. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The investments and strategies discussed herein may not be suitable for all investors; if you have any doubts you should consult your J.P. Morgan Asset Management Client Adviser, Broker or Portfolio Manager. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. You should consult your tax or legal adviser about the issues discussed herein.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not limited to, J.P. Morgan Investment Management Inc., Security Capital Research & Management Incorporated and J.P. Morgan Alternative Asset Management, Inc.