JPMorgan Bolsters Hedge Fund Team in Asset Management With Hires
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JPMorgan Chase & Co. is broadening its team that offers hedge fund investments in a bet that volatility will help spur more allocations to the industry.
The bank’s asset management unit hired Lynnette Ferguson to lead hedge fund solutions for its investment specialist team in the Americas and promoted London-based Karim Leguel to be international head of the team, according to a statement Monday. Both will report to Jamie Kramer, head of JPMorgan’s alternative solutions group.