Jonathon Griggs joined J.P. Morgan Asset Management as director of applied research for the global fixed income, currencies and commodities group, a spokeswoman said.
The position is new.
Mr. Griggs is responsible for developing global macro strategies and risk budgeting across JPMAM's unconstrained and absolute-return fixed-income funds, as well as other strategies.
“(Mr. Griggs') role will be strategically important as we continue to enhance our research and investment capabilities to meet evolving global client needs,” said Robert Michele, chief investment officer and head of global fixed income, in a news release. “As the environment for yields, credit spreads and currencies becomes more challenging, clients are demanding their managers use a wider array of tools to generate attractive returns and alpha.”
Mr. Griggs was previously a senior portfolio manager at Rogge Global Partners, according to the news release. He left in January, according to the Financial Services Authority register. A spokesman for Rogge could not be reached for comment by press time.
The appointment marks Mr. Griggs' second stint at J.P. Morgan Asset Management — he spent 14 years with the firm, most recently as chief investment officer for currency management, until 2013.
J.P. Morgan Asset Management has $1.7 trillion in assets under management.