Skip to main content

JPMAM pens strategic partnership deal

Yasmine Masi31 January 2024
jpmam strategic partnership

JP Morgan Asset Management (JPMAM) has forged a strategic partnership with Craigs Investment Partners (CIP), signing a multi-year memorandum of understanding (MoU).

The partnership brings together JPMAM’s expertise as a global asset manager working across several asset classes and support solutions including its Market Insights and Portfolio Insights programs, with CIP’s position as a top private wealth firm in New Zealand.

Jeremy Williamson, Head of Private Wealth and Markets at CIP, said the partnership will seek to extend CIP’s investment capabilities by leveraging JPMAM’s global knowledge and expertise, to provide improved benefits for clients, advisers and the investment committee.

“For CIP, this important relationship supports delivering on our strategy to bring the best opportunities from across the globe to our clients,” Simon Tong, CEO of CIP, said.

“Craigs has a long history of being local but acting global and this is another example. We look forward to working with the JPMAM team in delivering for our clients.”

JPMAM said the deal will help the asset manager expand into New Zealand support its developing wealth management sector.

“Our businesses complement each other, and we are excited for future collaboration and growth opportunities providing diversified, quality solutions to New Zealand investors,” Mark Carlile, Head of Wholesale, Australia and New Zealand at JPMAM, said.

“We’ve chosen to partner with CIP given their position as the leading private wealth investment firm in the New Zealand market and the alignment of both our organisations’ goals and values,” Andrew Creber, Australia and New Zealand CEO at JPMAM, said.

“We believe the strength of CIP and JPMAM will create differentiated client solutions that lay the foundation for a strong and successful partnership. We are here to serve our clients and we are delighted to be doing this in partnership with CIP.”

Subscribe to comments
Be notified of
Inline Feedbacks
View all comments