London, 1 June 2011 - J.P. Morgan Worldwide Securities Services today announced it has been ranked top global transition management provider in the un-weighted scores of the 2011 Global Investor Transition Management Survey. In addition, J.P. Morgan was recognised by Global Pensions, a leading industry publication, as "Best Transition Management Manager of the Year" at the Global Pensions Awards 2011.
J.P. Morgan ranked highly in all regional categories of the survey - EMEA, Americas, and Asia Pacific - and received some of the highest scores for project management, transparency of fees and costs, and relationship management. J.P. Morgan came first or second in nine of the 11 service categories, demonstrating the high quality of service provided by J.P. Morgan's Worldwide Securities Services and Investment Banking divisions, who work closely together to provide transition management services.
"We're pleased to have received these accolades as further endorsement of J.P. Morgan's ability to consistently manage complex transition events for a diverse range of clients and to tailor solutions to any client profile whatever its strategy and relative size in the market," said Michael Gardner, Global Head of Strategy and Implementation & Regional Head of Transition Management, EMEA at J.P Morgan. "The significant improvement in ranking from last year's survey is a validation of the overall growth and success of the business. In addition, our strong performance across several categories highlights the strength and flexibility of our offering at a time when investors are demanding enhanced transparency and de-risking when moving their assets."
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. Worldwide Securities Services leverages the firm's unparalleled scale, leading technology and deep industry expertise to service investments around the world. It has $16.6 trillion in assets under custody and $7.1 trillion in assets under administration. For more information, go to www.jpmorgan.com/visit/wss.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.