J.P. Morgan Asset Management has hired Jennifer Wu as its new global head of sustainable investing. Wu joins J.P. Morgan from BlackRock, where she was a member of its sustainable investing team. She will also lead J.P. Morgan’s sustainable investing leadership team (SILT), a global team of senior leaders focused on sharing best practices for sustainable investing across asset classes. Wu will be based in London for this role.
“J.P. Morgan has been integrating ESG factors across our investment teams globally and will continue to build capabilities to meet increasing client demand for sustainable investing,” said Shari Schiffman, co-head of global product strategy. “We believe that Jennifer will build on our strong results and establish J.P. Morgan as a global leader in sustainable investing through continued ESG integration and the development of new, innovative strategies.”
“In addition to aligning with investor values and client demand, we are aware of how environmental, social and governance factors can impact security valuations and enhance risk-adjusted return potential, and we are committed to fully integrating these principles into our portfolios,” said Christopher Willcox, CEO of J.P. Morgan Asset Management.
Prior to joining BlackRock in 2014, Wu worked for the Asian Development Bank (ADB) in the energy sector of the Central and West Asia Department and was responsible for infrastructure project finance and energy sector reform. She started her career in venture capital and private equity, focusing on equity investments in technology and renewable energy in Asia as a research analyst and subsequently a portfolio manager.
J.P. Morgan Asset Management is a recognized leader in sustainable investing in its real estate and infrastructure businesses. ESG factors have been integrated into the firm’s acquisitions and asset management processes to mitigate risk and add value.
