UK Institutional business wins industry's leading award
J.P. Morgan Asset Management's UK institutional business has beaten off a host of top competitors to land the prestigious Professional Pensions Investment Manager Of The Year award. After being included on an initial shortlist alongside Jupiter, Legal & General, Martin Currie, Neptune and Standard Life, J.P. Morgan was announced as the winner at a packed awards ceremony at London's Grosvenor Hotel on Tuesday 21 April. This was a landmark success for the firm at the Professional Pensions UK Pensions Awards, organised annually by the country's leading pensions magazine and widely considered to be the Oscars of the industry in the UK.
Entrants in each category of the Professional Pensions UK Pensions Awards 2009 were required to complete a rigorous submission document focusing on four key criteria - innovation, communication, performance and/or benefits to clients and service standards. Only business developments over the past 12 months were considered in the process and the submission was restricted to 1500 words in length. The judging panel comprised the great and the good from all areas of the industry including consultants. They recognised J.P. Morgan Asset Management for its diversified product range, comprehensive client contact support and communication program, and consistent top decile ranking in consultant surveys assessing service standards. Furthermore, the UK Institutional business's outstanding performance record - a remarkable 20 consecutive quarters of positive inflows, culminating in 34 new mandates in 2008 despite challenging market conditions - provided hard evidence of the success of the team's approach.
Peter Ball, head of J.P. Morgan Asset Management's UK Institutional business, collected the Professional Pensions award on Tuesday evening and was quick to praise the efforts of everyone involved in making the win possible. "This is the biggest award in the entire industry for our business and I'm absolutely delighted that all the hard work we've put in over the past few years has been recognised," he said. "I'd like to thank everyone in the UK Institutional team and throughout the firm for the vital part they have all played in achieving this success."
Peter Ball accepts the award from Marcus Whitehead and Michael McIntyre
J.P. Morgan Market Views
Keep up to date with the views and analysis on events across world financial markets from J.P. Morgan Asset Management's strategists David Shairp and Tom Elliott.