JP Morgan Adds to Wachovia Managed Account Platform

Stephen Harris

31 May 2007

JPMorgan Intrepid Value behavioral strategy will now be available in the US through Wachovia Securities' Diversified Managed Allocations account, which offers separately managed portfolios to investors with a minimum investment of $150,000 or more. "JPMorgan launched a series of behavioral strategies in the US after successfully launching our investment process in the UK and Europe over a decade ago," said George Gatch, chief executive officer of JPMorgan Funds. "With a four year track record and strong performance in the Intrepid portfolios, we are experiencing increased interest in our behavioral strategies and managed accounts, and are proud to be a leader in making these strategies available to investors through Wachovia Securities." The JPMorgan Intrepid Value mutual fund is also available on Wachovia's FundSource, CustomChoice, Asset Advisor, Pilot Plus and PIM programs. JPMorgan manages $96 billion in behavioral finance strategies globally. The JPMorgan Intrepid strategies are managed by Silvio Tarca, Robert Weller and Jason Alonzo.