Paul Quinsee, until now managing director and chief investment officer for U.S. equities at JP Morgan Asset Management, will replace Martin Porter as the firm's global head of equities.
The appointment will be effective in the fourth quarter, after Porter's retirement. He will split his time between New York and London and report to Chris Willcox, CEO of global investment management.
Quinsee will oversee a team of more than 400 investment professionals and $430 billion in assets under management. As of June 30, JPMAM had $1.693 trillion in assets under management.