27/10/2011
Ian Henderson steps down from JPM Global Natural Resources Fund
J.P. Morgan Asset Management has announced that Ian Henderson, named manager of the JPM Global Natural Resources fund (more than EUR2bn in assets under management), will step away from the day-to-day management of the fund at the end of January 2012. Full responsibility for the funds will pass to Neil Gregson, who has worked alongside Ian for the past 12 months. Ian Henderson will remain in an advisory capacity until March 2013, and Neil Gregson will be the named manager of the fund, assisted by the natural resources team. Neil Gregson joined J.P. Morgan Asset Management’s natural resources team in September 2010, bringing with him a wealth of experience having spent almost 20 years at Credit Suisse Asset Management as head of emerging markets and related sector funds. In this role, he was responsible for USD10 billion in assets under management. During his time at Credit Suisse Asset Management, Neil Gregson also managed gold and natural resource equity funds. After qualifying as a mining engineer, Neil Gregson began his career holding various positions at mining and natural resource companies, including a role as a mining investment analyst at South African company Gold Fields. The JPM Global Natural Resources fund has delivered an annualised return of 8.83% since the fund’s inception in December 2004 (performance of the A(acc) EUR share class, net of fees, as at 30th September 2011).
