Andrew Larkin has been named as head of JP Morgan AM’s brand new global strategic relationships management team that is a deliberate attempt to, according to Berens, “be certain our resources are optimally aligned to our greatest opportunities and our most important strategic clients”.
Multi-channel team
Larkin’s team will focus separately on advisory and discretionary fund panelling, wealth managers as well as distribution channels through insurance companies and platforms.
He joins from Neptune Investment Management where he was head of strategic partnerships in a largely UK-based role. He also has experience of senior roles with M&G, DWSD Investments and Lloyds TSB.
Reporting to Larkin, Jamie Farquhar will head up the fund panelling team; Nick Keem is in charge of the wealth management division, while a new wholesale head is still being recruited.
Former head of UK wholesale sales Alex Barry will relocate to New York for a funds sales role looking after key strategic relationships.
Parsons' field team
In a related change, Mike Parsons will become head of another new team, the field sales team, and report to Berens. This is a change from his role as head of UK intermediary sales and he will now be responsible, in partnership with Larkin and the investment trust team, for the services the business offers UK retail market channels.
The rest of the management team is made up of Andy McNulty, who will lead the national discretionary fund manager sales team; Rob Sedgley, leader of the IFA sales team; and Stuart Podmore, who will be in charge of the nationals & network sales team.
