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JP Morgan Asset Management confirms Gartside appointment

JP Morgan Asset Management has confirmed the appointment Nick Gartside to its fixed income investment team as international CIO of fixed income.

Money Marketing revealed yesterday that Gartside is to leave his role as Schroders global head of fixed income at the end of 2010 to join JPM.

Gartside joined Schroders in 2002 as a euro government bond portfolio manager. He moved to the global bond team as a global government bond portfolio manager in 2007. Gartside took on the £324m Schroder strategic bond fund in September 2008.

He will report to Bob Michele, global CIO of fixed income for New York, London and Asia. Michele joined from JPM from Schroders in 2008.

Michele says: “Nick’s appointment represents another significant hire to our fixed income team and reaffirms our commitment to delivering the very best service to our fixed income clients.

“His depth of knowledge, expertise and track record in global fixed income markets will help complement and add to an already robust fixed income offering.”


Buffett says US will avoid double dip

Berkshire Hathaway chairman Warren Buffett predicts the US will avoid a double-dip recession. He says despite sentiment on the US recently turning sour, businesses are recov-ering across the board.

On guard

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New world symphony

The manager of the £1bn Murray International Investment Trust believes emerging markets have decoup led from the West and can continue with impressive growth


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