London – J.P. Morgan Asset Management (JPMAM) today announced that Paula Stibbe has been appointed asHead of Global Liquidity Sales, Asia Pacific, succeeding the previous role of Travis Spence, who has recently taken a new position as Head of Global Strategic Relationship Group (GSRG), Asia Pacific ex-Japan under the Asia Funds Management Business. Prior to her new role, Paula was a senior Client Portfolio Manager in the Global Short Term Fixed Income Group, specialising in short-term taxable and tax-aware strategies.
Having relocated from New York, Paula will be based in Hong Kong with regional offices in Shanghai, Singapore, Tokyo, and Sydney. She will be responsible for sales and service of short-term fixed income solutions along with product development across the region. In addition, she will work closely with her team to identify new business opportunities in the market and to provide clients with innovative solutions, strategic investment advice and industry leading service to help them manage their most treasured and risk-averse asset – cash.
Commenting on the appointment, John Donohue, Head of Global Liquidity of JPMAM said, “With over 20 years of experience in the short term fixed income space, Paula is both highly regarded and deeply experienced in the market. I am confident that the team and our clients will benefit from the expertise and experience that Paula brings to this role. We are excited to have seen the increasing demand for liquidity and short term fixed income investments in Asia Pacific, prominently in China and Japan. To capitalise on these tremendous opportunities, Paula’s appointment is crucial to our continuing success.”
The team’s local currency money market fund assets under management in Asia are now over US$12.4 billion, up US$2.4 billion from US$10 billion’s milestone which was achieved in November 2012. In addition, the team pioneered six local currency money funds and expanded its businesses across the region. It was also instrumental in J.P. Morgan being awarded a licence to distribute local mutual funds to institutional investors in China, establishing the first onshore direct sales team for JPMAM in China.
Prior to joining JPMAM, Paula was Head of Product Management for Bank of America Global Capital Management. Previously, Paula spent five years as a senior Client Portfolio Manager at Columbia Management and also held a variety of senior sales and operational roles at Goldman Sachs Asset Management and Harris Investment Management.
JPMAM is one of the world’s leading liquidity and short-term fixed income investment managers. With more than US$500 billion in short term fixed income assets under management, JPMAM is the largest institutional money market fund provider in the world.
 As of 31 January 2014
 As of 31 December 2013