Citywire - For Professional Investors

Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

Blockbuster manager Talib Sheikh to exit JPM AM

Blockbuster manager Talib Sheikh to exit JPM AM

Talib Sheikh is to leave JP Morgan Asset Management after almost two decades with the investment giant.

It is understood Sheikh, who first joined the company 19 years ago, will leave the firm in the coming weeks to pursue other opportunities.

Sheikh was named on seven funds in the Citywire database covering mixed assets and multi-asset approaches which have combined assets in excess of €30 billion.

JPM AM said Sheikh relinquished his roles on February 13, which included stepping down from the blockbuster JPM Global Income fund, which has €23.8 billion in assets under management.

This was singled out as one of the biggest money-making funds in the Citywire universe over the third quarter of 2017 when it took in €1.57 billion over a three-month period.

Michael Schoenhaut and Eric Bernbaum, who had co-managed the fund with Sheikh since 2010 when he joined the fund, will continue to run the multi-asset fund once Sheikh exists.

Meanwhile, on the JPM Global Macro Opportunities fund, which has €4.7 billion in assets, the management duo of James Elliot and Shrenick Shah will remain in place following Sheikh’s exit.

He also steps back from the Global Balanced and Global Macro Balanced funds. The existing management teams of Katy Thorneycroft and Jonathan Cummings and James Elliot and Gareth Witcomb remain in place.

In a statement, JPM AM said: ‘Talib Sheikh has decided to leave the firm to pursue other opportunities. The following fund management responsibilities will take effect immediately, but these changes will not impact the management of our portfolios or our investment process.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Gareth Witcomb
Gareth Witcomb
155/399 in Mixed Assets - Balanced EUR (Performance over 3 years) Average Total Return: 5.74%
Jonathan Cummings
Jonathan Cummings
450/608 in Mixed Assets - Balanced EUR (Performance over 3 months) Average Total Return: 0.25%
Katy Thorneycroft
Katy Thorneycroft
447/608 in Mixed Assets - Balanced EUR (Performance over 3 months) Average Total Return: 0.25%
James Elliot
James Elliot
306/399 in Mixed Assets - Balanced EUR (Performance over 3 years) Average Total Return: 0.88%
Eric Bernbaum
Eric Bernbaum
334/557 in Mixed Assets - Balanced EUR (Performance over 1 year) Average Total Return: 0.35%
Michael Schoenhaut
Michael Schoenhaut
125/399 in Mixed Assets - Balanced EUR (Performance over 3 years) Average Total Return: 7.19%
Shrenick Shah
Shrenick Shah
7/81 in Alternative UCITS - Multi Strategy (Performance over 3 years) Average Total Return: 9.05%
Talib Sheikh
Talib Sheikh
Latest News
Events
  • Citywire Asia Bangkok Retreat 2018: day one images

    Citywire Asia Bangkok Retreat 2018: day one images

  • Citywire Asia Bangkok Retreat 2018: day two images

    Citywire Asia Bangkok Retreat 2018: day two images

  • Citywire Asia Taipei Retreat 2017: day one images

    Citywire Asia Taipei Retreat 2017: day one images

  • Citywire Asia Taipei Retreat 2017: day two images

    Citywire Asia Taipei Retreat 2017: day two images

  • Citywire Asia Bangkok Retreat 2017: day one images

    Citywire Asia Bangkok Retreat 2017: day one images

  • Citywire Asia Bangkok Retreat 2017: day two images

    Citywire Asia Bangkok Retreat 2017: day two images

  • Images from Citywire Thailand Forum 2017

    Images from Citywire Thailand Forum 2017

  • Citywire Asia Awards 2017: images from Singapore

    Citywire Asia Awards 2017: images from Singapore

  • Citywire Asia Awards 2017: images from Hong Kong

    Citywire Asia Awards 2017: images from Hong Kong

  • Citywire Asia Retreat in Bangkok: day two images

    Citywire Asia Retreat in Bangkok: day two images

  • Bangkok buzz: day 1 images from our Asia Retreat

    Bangkok buzz: day 1 images from our Asia Retreat

  • Images from Citywire's Thailand Forum

    Images from Citywire's Thailand Forum

  • Pictures from Citywire's Hong Kong forum

    Pictures from Citywire's Hong Kong forum

  • Images from our Citywire Singapore Forum

    Images from our Citywire Singapore Forum