February 6, 2012
New York, NY , February 6, 2012 – J.P. Morgan Asset Management today announced that it has hired Roberts Grava as Managing Director in its Strategy Group.
The Strategy Group, one of the company's primary centers for research, is focused on investment policy issues of greatest concern to corporate, public and Taft-Hartley plans, endowments, foundations, sovereign wealth funds, central banks and insurance companies.
Mr. Grava rejoins from The World Bank, where he most recently served as Head of Quantitative Strategies, Risk and Analytics, which provided advisory services for more than 40 central bank, national pension fund and sovereign wealth fund clients, and middle office support for global fixed income and multi-asset investment portfolios. He spent 2007–2010 at J.P. Morgan Asset Management as a Senior Client Portfolio Manager in Fixed Income, prior to which he served as Principal Financial Officer for The World Bank's Treasury department, and was instrumental in the growth and development of their Reserve Advisory and Management Program (RAMP). Mr. Grava spent 11 years at Latvijas Banka (Bank of Latvia), where he was a member of the bank's board and Chief Investment Officer.
In his new role, Mr. Grava will be primarily focused on expanding the company's strategic dialogue with large sovereign wealth fund and central bank clients and producing in-depth proprietary research and customized investment solutions.
"Roberts brings a wealth of knowledge and expertise that will add a new dimension to our interaction with these important institutional investors," said Peter Rappoport, Global Head of J.P. Morgan Asset Management Strategy Group.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under supervision of approximately $1.9 trillion and assets under management of $1.3 trillion (as of 12/31/11), 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 $2.1 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 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, Junius Real Estate Partners and J.P. Morgan Alternative Asset Management, Inc.