JP Morgan has expanded its global sustainable investing team with four new appointments.
Carlos Varela has been appointed global strategist for sustainable investing after 22 years with JPMAM. He was most recently head of institutional sales for Latin America, based in New York. In his new role, Varela will lead a team responsible for developing JPMAM’s suite of sustainable products. The team will also work with clients to create tailored investment solutions. He will be based in Madrid and report to Jennifer Wu, global head of sustainable investing at JPMAM.
Juan Lois has been appointed Americas strategist for sustainable investing. Lois joins JPMAM from Wespath Benefits and Investments, where he led the organisation’s sustainable investing activities, including overseeing ESG integration, as well as research and product design for Wespath’s impact investments. Prior to this, he held roles at Cornerstone Capital Inc. and MacroVista Energía, where he focused on sustainable investing solutions for the Americas. Based in New York, Lois will report to Varela.
JPMAM has also appointed two global sustainable investing research and data analysts, Caspar Siegert and Angelo Drei, to support the build-out of JPMAM’s proprietary environmental, social and governance (ESG) scoring framework. Both researchers will additionally work on thematic research and analytics, in collaboration with JPMAM’s investors and data scientists, with a particular focus on climate change and carbon transition research.
Siegert joins from the Bank of England (BoE) where he, most recently, managed a team responsible for assessing risks across a wide range of asset classes and identifying potential financial stability implications. Based in London, Siegert will report to Wu.
Angelo Drei joins from Amundi where he was, most recently, a quantitative research analyst. Based in London, Drei will also report to Ms Wu.
Wu says: “These hires reflect our ongoing commitment to advancing sustainable investing solutions for our clients. As we broaden our sustainable investing platform globally, building on the depth of ESG integration across our global buy-side research analysts, we will continue to invest in our climate research and analytics capabilities and in enhancing our investment stewardship efforts. This will include continuing to add talent as we further strengthen our corporate engagement.”