JPMAM removes Lanctot from Global Macro fund

Schrenick Shah and Josh Berelowitz

Kathleen Gallagher
clock • 1 min read

JP Morgan Asset Management has removed Benoit Lanctot from the JPM Global Macro Opportunity fund and the JPM Global Macro Sustainable fund, according to a shareholder notice.

The changes, which came into effect on 1 February, mean the portfolios will be run by Schrenick Shah and Josh Berelowitz. Last October, Virginia Martin Heriz left the global macro team to move to a different position within the firm. AJ Bell appoints new fund manager Lanctot is no longer listed on any funds at JPMAM. He joined the firm in 2011 and worked as a convertible bond analyst within the multi-asset team. He became a portfolio manager in June 2017 and was appointed to the Global Macro fund in 2019. The Global Macro Opportunity fund struggled in 2022, when it lost 10.5%, w...

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