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JPMorgan reshuffles management on three funds

JPMorgan reshuffles management on three funds

JPMorgan Asset Management has reshuffled the management line-up on three funds after removing US equity manager Gregory Luttrel as manager.

According to filings from the Securities and Exchange Commission, Luttrel has been taken off the JP Morgan Dynamic Growth fund and the JP Morgan Equity Focus fund, which correspond to the firm’s Luxembourg-based funds JPM US Growth and JPM America Equity respectively.

A spokeswoman for JPMorgan also confirmed he is no longer managing the JPM US Technology Sicav.

He has been replaced on the JPM US Growth fund by Giri Devulapally as lead manager. Devulapally has been on the fund since June 2015 and will be joined by Joseph Wilson who became part of the team in November 2016.

Timothy Parton has been added to the JPM America Equity fund where he joins Jonathan Simon who has been on the fund since July 2011.

Parton has been with the firm since 1986 and manages the firm’s JPM US Equity All Cap fund and JPM US Small Cap Growth fund.

Greg Tuorto and Joseph Wilson are taking over the management of the JPM US Technology. Tuorto initially joined the fund in 2009.

A spokeswoman for JPMorgan confirmed the moves and said Luttrel was still with the firm, but did not comment further.

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