Change in Portfolio Management Team
ANNOUNCEMENT
JPMorgan Global Convertibles Income Fund Limited
15 February 2018
Stock Exchange Announcement
JPMorgan Global Convertibles Income Fund Limited (the "Company")
Legal Entity Identifier: 549300DKZ0OX0PZH5H23
Change in Portfolio Management Team
The Company announces that Antony Vallee, one of the Company's fund managers, has decided to leave J.P. Morgan Asset Management ("JPMAM") to pursue other opportunities.
The existing investment management team, led by Natalia Bucci and Robin Dunmall will be augmented by the addition of Paul Levene.
Paul has over 18 years' relevant experience. Prior to joining JPMAM in 2015, Paul was a Partner and Senior Analyst at Ferox Capital LLP, a Convertible Bond manager, where he was responsible for identifying investment ideas in Europe and Asia. Prior to this, Paul worked at Credit Suisse as a Special Situations Analyst in Leveraged Finance and at JPMAM as a High Yield Research Analyst. Paul holds a BA from King's College London and a MSc from the London School of Economics.
The investment process will remain unchanged and the Company will continue to draw on the investment insight and resources of the broader JPMAM convertible bond team.
Simon Miller, Chairman of JPMorgan Global Convertibles Income Fund Limited, commented:
"We welcome Paul Levene's appointment as a named manager for the Company. We expect his contribution, alongside that of Natalia Bucci, Robin Dunmall and the convertible bond team at JPMAM will position the Company well for the future. On behalf of the Board, I would like to thank Antony Vallee for his efforts in managing the Company's portfolio since its launch in 2013."
For information please contact:
JPMorgan Funds Limited +44 (0) 20 7742 4000
Richard Plaskett
Winterflood (Corporate Broker) + 44 (0) 20 3100 0000
Joe Winkley
Neil Morgan
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