JPMorgan Funds Hires Chief Market Strategist

JPMorgan Funds, the U.S. mutual fund business of JPMorgan Asset Management, has announced that David Kelly will become its Chief Market Strategist.

According to the announcement, as Chief Market Strategist, Kelly will communicate his views on the markets to financial advisers and U.S. investors. His commentary will be delivered through distribution of JP Morgan’s Market Insight series, as well as through nationwide speaking engagements, conference calls, and media activity, the announcement said. Kelly will be based in New York.

Kelly has spent the last eight years as a senior economic advisor at Putnam Investments. Prior to that, he served as an adviser/economist with SPP Investment Management, Primark Decision Economics, Lehman Brothers, and others.