Martin Porter was named global head of equities at J.P. Morgan Fleming Asset Management, a new position. Mr. Porter was head of equity and balanced investment management teams in London. He will "combine top-quality performance with relevant risk-control techniques, according to an internal company announcement.
Richard Nelson, head of U.S. equities, will report to Mr. Porter instead of Paul Bateman, CEO. Pablo Forero, who was CIO of international equities, will now work with Mr. Porter to manage equity and balanced management teams globally, with a focus on research and trading activities.