J.P. Morgan Asset Management has appointed Jennifer Wu as global head of sustainable investing. Previously, Wu worked at BlackRock where she was a member of its sustainable investing team.
NEW YORK, Feb. 25, 2019 /PRNewswire/ — J.P. Morgan Asset Management today announced the hiring of Jennifer Wu as Global Head of Sustainable Investing. Ms. Wu joins J.P. Morgan from BlackRock, where she was a member of its Sustainable Investing team. She will also lead J.P. Morgan’s Sustainable Investing Leadership Team (SILT), a global team of senior leaders focused on sharing best practices for sustainable investing across asset classes. Ms. Wu will be based in London for this role.
“J.P. Morgan has been integrating ESG factors across our investment teams globally and will continue to build capabilities to meet increasing client demand for sustainable investing,” said Shari Schiffman, co-head of Global Product Strategy. “We believe that Jennifer will build on our strong results and establish J.P. Morgan as a global leader in sustainable investing through continued ESG integration and the development of new, innovative strategies.”
“In addition to aligning with investor values and client demand, we are aware of how environmental, social and governance factors can impact security valuations and enhance risk-adjusted return potential, and we are committed to fully integrating these principles into our portfolios,” said Christopher Willcox, Chief Executive Officer of J.P. Morgan Asset Management. “We look forward to working with Jennifer on a broader sustainable investing platform.”
Prior to joining BlackRock in 2014, Jennifer worked for the Asian Development Bank (ADB) in the energy sector of the Central and West Asia Department and was responsible for infrastructure project finance and energy sector reform. Jennifer started her career in venture capital and private equity, focusing on equity investments in technology and renewable energy in Asia as a research analyst and subsequently a portfolio manager.
J.P. Morgan Asset Management is a recognized leader in sustainable investing in its real estate and infrastructure businesses. ESG factors have been integrated into the firm’s acquisitions and asset management processes to mitigate risk and add value, and the firm’s US Core and US Value Add real estate strategies have been ranked #1 by the Global Real Estate Sustainability Benchmark (GRESB).
J.P. Morgan Asset Management has also been recognized by the United Nations-supported Principles for Responsible Investment (PRI) for its strong approach to ESG Integration across its equities, fixed income, and alternatives businesses, receiving its strongest scores to date in 2018.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.7 trillion (as of December 31, 2018), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global asset management firm with assets of approximately $2.6 trillion (as of December 31, 2018) and operations worldwide. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.