Market Matters

Our Capital Advisory Group speaks with over 180 endowments and foundations across the globe with an average of $5.6 billion in assets under management. Monica Issar, global head of J.P. Morgan Wealth Management’s Multi-Asset and Portfolio Solutions, leads an in-depth discussion on the endowment model and how it has evolved over time. Monica is joined by Meredith Jenkins, chief investment officer for Trinity Wall Street, and Kim Lew, vice president and chief investment officer for Carnegie Corporation of New York, to share their experiences. This podcast was recorded on July 10th, 2019. The views in this podcast do not necessarily reflect the views of JPMorgan Chase & Co. or its affiliates. This communication is provided for information purposes only. JPMorgan Chase & Co. or its affiliates (collectively, J.P. Morgan) normally make a market and trade as principal in securities, other financial products and other asset classes that may be discussed in this communication. For additional disclaimers and re

The transition away from the London Interbank Offered Rate (LIBOR) is a global phenomenon that has the financial industry mobilizing ahead of a looming 2021 deadline. In aggregate, $400 trillion in assets across currencies including the British pound, Japanese yen, Swiss franc, euro and U.S. dollar need to migrate towards new benchmarks for short-term borrowing costs. In this episode, we cover benchmark reform in Europe, the United Kingdom, Switzerland and Japan. When is LIBOR actually going away? What actions are being taken across the globe? What approaches are different regions taking and will this lead to market fragmentation? To discuss: J.P. Morgan’s Charles Bristow, global head of Rates, Fixed Income Financing, Credit Portfolio Trading, and Markets Resource Management, Chris Palmer, who leads the firm-wide LIBOR transition program and Cyprien Decoux, head of Rates Structuring EMEA. This podcast was recorded on May 23rd, 2019. The views in this podcast do not necessarily reflect the views of JPMorgan

Our Capital Advisory Group brings you their latest podcast episode following the results of our 2019 Institutional Investor Survey, Kenny King, Head of J.P. Morgan’s Americas Capital Advisory Group, leads an in-depth discussion on hedge fund trends we expect to see in 2019. Kenny is joined by Paul Zummo, Chief Investment Officer at J.P. Morgan Alternative Asset Management, and Michael Gubenko, Global Head of Hedge Fund Due Diligence for J.P. Morgan Global Wealth Management. This podcast was recorded on March 14th, 2019. The views in this podcast do not necessarily reflect the views of JPMorgan Chase & Co. or its affiliates. This communication is provided for information purposes only. JPMorgan Chase & Co. or its affiliates (collectively, J.P. Morgan) normally make a market and trade as principal in securities, other financial products and other asset classes that may be discussed in this communication. For additional disclaimers and regulatory disclosures, please consult:  https://www.jpmorgan.com/dis

The London Interbank Offered Rate (LIBOR) is set to be phased out within three years, creating arguably the biggest challenge facing global finance today. Moving away from a benchmark referenced in everything from consumer loans and mortgages to $190 trillion of interest rate derivatives has far reaching consequences. In the United States, J.P. Morgan has been providing leadership to develop a market around a new dollar reference rate called the Secured Overnight Financing Rate, or SOFR.  In this episode, we unpack the challenges ahead with guest-speaker Nadine Bates, mortgage-finance firm Fannie Mae’s Treasurer, and Sandie O’Connor, who has worked at J.P. Morgan for over 30 years and chaired the Alternative Reference Rates Committee (ARRC). O’Connor and Bates discuss why the ARRC selected SOFR as the U.S. dollar alternative reference rate, how to prepare for 2022, and issuance to date. Fannie Mae pioneered the market’s first ever SOFR securities. This podcast was recorded on February 15th, 2019. The views in