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People moves news

New head of regional hedge fund services


02 June 2010 Hong Kong
Reporter:

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J.P. Morgan announced this week that it has appointed Adam Wallace as executive director and product head of J.P. Morgan's Hedge Fund Services business in Asia Pacific. Based in Hong Kong, Wallace will cover Hedge Fund Administration, Transfer Agency, Fund of Hedge Fund Custody and Middle-Office services for hedge funds and fund of hedge funds.

Prior to joining J.P. Morgan, Wallace spent 12 years in the hedge fund and fund of hedge fund services business. He has held several product management positions in Europe and Hong Kong.

"By combining our global service offering and robust operating models with local fund servicing professionals, we are able to bring best-in-class integrated solutions to our hedge funds and fund of hedge funds clients in the region. This appointment demonstrates our commitment to further build out our Hedge Fund Services business. We are pleased to welcome Adam to our team," said Shaun Parkes, J.P. Morgan's head of Worldwide Íø±¬³Ô¹Ï Services - Asia ex-Japan.
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