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JPMorgan shuffles team

JPMorgan Fleming is restructuring its European equities team of 40 after former head of European equities Andrew Spencer was appointed chief investment officer of JPMorgan Funds&#39 retail business in the US.

Spencer will take up his new position in December. William Meadon, who has managed segregated funds for the European equities team over the past seven years, will become head of European institutional funds. Senior fund manager James Elliot will head European retail funds, having managed a number of specialist pooled investment funds for seven years.

Chris Complin will become chief investment officer, with responsibility for the investment process, after four years as senior member of the European equities team.

Chief investment officer of the equity process Martin Porter says: “The European team has developed an award-winning range of funds which has delivered consistent superior investment performance to our clients investing in European equities over the last few years.”

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