Brian Lysiak was named head of trading and Kay Herr named head of research at J.P. Morgan Asset Management's global fixed-income, currency and commodities business, the company said Tuesday in a news release.
Both Mr. Lysiak and Ms. Herr will be based in New York and report to Bob Michele, global head of the GFICC group.
Mr. Lysiak, who most recently the head of North American credit trading at BlackRock, replaces interim co-heads of trading Vincent Kumaradjaja and Don Clemmenson, a spokeswoman said in an email. Mr. Clemmenson retired after 35 years with the firm, while Mr. Kumaradjaja will step back into his core responsibility as investment director for GFICC, reporting to Mr. Michele, the spokeswoman added.
Mr. Lysiak left BlackRock in April, a BlackRock spokeswoman confirmed, adding that his responsibilities were assumed by others on the team.
Ms. Herr, who was previously a portfolio manager and director of research on JPMAM's global equities team, moves to the fixed income group, replacing Jonathan Griggs, who left the firm in June. Her current responsibilities will be absorbed by other members of the equity team, the spokeswoman said.
J.P. Morgan's global fixed income, currency and commodities business manages over $500 billion in assets under management.
