Deals & People February 12, 2009

Chase Named to DCIO Team at JPMorgan Funds

JPMorgan Funds has named Jeffrey Chase as head of Southeast regional sales in the defined contribution investment-only business, the company announced.
Reported by

A news release said Chase will report to Glenn Dial, head of National Sales for the business. He will be based in Atlanta and will cover the territory from Miami to Washington, D.C.

Chase most recently served as a regional vice president at ING in the retirement business, according to the release. He previously held similar positions at The Newport Group and ADP.

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“We are happy to have Jeff Chase on board to help address increased demand from retirement advisers for information and advice in these challenging markets,” said Dial, in the release.

Deals & People February 12, 2009

Genworth Selects SSgA SPDRs

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, has been appointed as a portfolio strategist firm by Genworth Financial Wealth Management, Inc.
Reported by

According to a press release, SSgA will manage a series of six tactical asset allocation portfolios that will be implemented using State Street’s SPDR Exchange Traded Funds (ETFs).

These portfolios, which, according to a press release reflect a range of risk profiles, are made available to high-net-worth clients via Genworth Financial Wealth Management’s independent financial adviser distribution channel. Genworth Financial Wealth Management is an investment management and consulting firm “dedicated to helping advisors build great businesses,” according to the firm.

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SSgA’s Global Asset Allocation team manages more than $170 billion (as of December 31) in total assets. Today, State Street’s family of SPDR Exchange Traded Funds allows investors to choose from 82 ETFs in the US, according to the firm.

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