JP Morgan Global Investment Management has confirmed the appointment of Paul Quinsee as its new global head of equities.
Quinsee was formerly JP Morgan’s chief investment officer for US equities, and has been with the company for over 25 years.
He will oversee a team of 400 employees and $430 billion in client assets under management, reporting to chief executive officer at JP Morgan Global Investment Management, Chris Wilcox.
Quinsee is succeeding Martin Porter who has decided to retire after 32 years with the asset management business unit.
Wilcox said Quinsee has been “instrumental” in creating the firms investment platform and having worked closely with porter for many year, he is well positioned to take over the role.
Before joining JP Morgan, Quinsee spent five years with Citibank as an equity portfolio manager, and he has also worked at Schroders.
His replacement will be announced in due course.