JP Morgan Asset Management has made two key appointments to its Global Real Estate Client Portfolio Management team, in London and Tokyo.
Marie-Claire Bolton has been named executive director in a new position, reporting to Pete Reilly, head of Real Estate Europe. She will be responsible for advising clients and managing relationships with institutional investors in Europe and the Middle East. She joins from JP Morgan Private Bank, where she was a senior adviser for the UK Investment Team. Previous experience includes working at Goldman Sachs, managing multi-asset class discretionary investment portfolios for private clients.
Masami Takizawa takes on a similar role as executive director, but reports to Ben Aiken, head of Real Estate Asia Pacific Client Portfolio Management, regarding her work with Japanese institutions. She joins from UBS Asset Management, where she was co-head of Real Estate & Private Markets, Japan. Previous experience has been with groups including Morgan Stanley, Societe General and Westimmo.
The global property platform of JPMAM counts some $82bn (€66bn) in gross assets under management across the Americas, Europe and Asia Pacific.
Anton Pil and Chris Hayward, managing partners of JP Morgan Global Alternatives, said that the appointments follow a trend of increased demand seen among institutional investors for more global property exposure rather than the historical focus on domestic allocations, to improve diversification.