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Photo: Salim Virji / Flickr
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Hong Kong - June 1, 2010
J.P. Morgan Appoints Adam Wallace as Executive Director and Regional Product Head of Hedge Fund Services
J.P. Morgan announced today that it has appointed
Adam Wallace as executive director and product head of J.P. Morgan's Hedge Fund Services business in Asia Pacific.
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Adam Wallace
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Based in
Hong Kong, Wallace will cover Hedge Fund Administration, Transfer Agency, Fund of Hedge Fund Custody and Middle-Office services for hedge funds and fund of hedge funds.
Prior to joining
J.P. Morgan, Wallace spent 12 years in the hedge fund and fund of hedge fund services business.
He has held several product management positions in
Europe and
Hong Kong.
"By combining our global service offering and robust operating models with local fund servicing professionals, we are able to bring best-in-class integrated solutions to our hedge funds and fund of hedge funds clients in the region. This appointment demonstrates our commitment to further build out our Hedge Fund Services business. We are pleased to welcome Adam to our team," said
Shaun Parkes, J.P. Morgan's head of Worldwide Securities Services - Asia ex-Japan.
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Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase
Photo: JPMorgan Chase
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With dedicated hedge fund accounting and transfer agency operations in
Hong Kong, J.P. Morgan provides end-to-end solutions to hedge funds and fund of hedge funds in Asia.
J.P. Morgan's Hedge Fund Services business unit has over
90 clients and
US$107 billion in assets under administration worldwide.
J.P. Morgan is a top-tier provider of independent fund administration and comprehensive outsourcing solutions to hedge funds and funds of hedge funds.
For additional information, please visit
www.jpmorgan.com/hedgefundservices
J.P. Morgan Worldwide Securities Services also leverages the services and products of the bank's
Worldwide Securities Services division, as well as its investment bank, asset management and private bank lines of business to provide its clients with integrated banking solutions.
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue.
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Photo: JPMorgan Chase & Co.
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A division of
J.P. Morgan Chase Bank, N.A. (NYSE: JPM),
WSS leverages the firm's unparalleled scale, leading technology and deep industry expertise to service investments around the world.
It has
$14.9 trillion in assets under custody and
$6.5 trillion in funds under administration.
For more information, go to
www.jpmorgan.com/visit/wss
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of
$2.1 trillion and operations in more than
60 countries.
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.
A component of the
Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the
United States and many of the world's most prominent corporate, institutional and government clients under its
J.P. Morgan and Chase brands.
In Asia Pacific, J.P. Morgan operates through 26 offices in 15 countries and has developed its wholesale banking franchise during a history of almost
160 years in the region.
More information about
JPMorgan Chase & Co. is available at
www.jpmorganchase.com
http://www.jpmorgan.com/tss/General/J_P_Morgan_Appoints-_Adam_Wallace_as_Executive_Director_and_/1275000165130