JP Morgan Asset Management has appointed Karen Ward, currently chair of the Council of Economic Advisers to the UK chancellor of the Exchequer as chief market strategist Europe and UK.
Ward, who will formally join the group shortly after the Autumn Budget by the end of November, will be based in London and report to chief global strategist David Kelly. In her new role, she will head the Market Insights Team across Europe which produces JP Morgan’s flagship Guide to the Markets and provides insight into the economy and financial markets.
In her previous role, as economic adviser to the Chancellor, she advised on macroeconomic issues including fiscal strategy and Brexit. Prior to that, she served as chief European economist at HSBC Global Banking & Markets, where she was responsible for managing a research team.
She replaces Stephanie Flanders who left the group in June to lead a team of journalists and researchers for Bloomberg Economics.