JP Morgan AM building multi-asset unit in Asia

JP Morgan Asset Management has hired Anthony Ho from China Asset Management (Hong Kong) in a newly created role as it seeks to build out its multi-asset business in Asia. Ho joined as managing director in its global multi-asset group based in Hong Kong last month. This move represents an extension of the multi-asset group into Asia, which until now has been covered by the global team from London. “With the growth in Asian multi-asset portfolios, we felt it was the right time to …