JP Morgan Asset Management Taps Blackrock for FICC Hire
Posted by Colin Lambert. Last updated: June 4, 2024
JP Morgan Asset Management has announced the hiring of Shayan Hussain as head of US investment specialists within its global fixed income, currencies and commodities team.
Hussain joins from Blackrock, where he was head of Americas fundamental fixed income product strategy at the close of what was a 15-year spell with the investment giant. The move marks a return to JP Morgan for Hussain, from 2003-2006 he was a junior interest rate swaps trader at the bank.
He will report to the US CIO of fixed income, Kay Herr, and be based in New York and run a team that focuses on investment products and strategies within FICC, working closely with investors to help identify and implement their fixed-income investment approaches.
“Shayan will provide a critical link to clients in our fixed income business, ensuring optimal access to the platform and helping refine our product offering across asset classes,” says Herr. “His expert client lens and deep knowledge in fixed income investing will be additive to our team and the overall client experience.”
Head of global FICC at the firm, Bob Michele, adds, “One of the main tenets of our investment approach is to help simplify the complex for our clients. Shayan can apply his skills and expertise to our fixed income offering, bringing clarity and improved strategy and positioning to client portfolios.”