Mumbai, Jan 4 (PTI) Global asset management firm JP Morgan today said it has elevated Namdev Chougule as the head of its fixed income business. Chougule will be responsible for leading the fixed income team in the management of all fixed income and money market portfolios. He has been associated with the firm since 2007 and has been managing fixed income funds, the fund house said in a statement here. Prior to joining JPMorgan AMC, Chougule was with Lotus India AMC, Bank of Bahrain and Kuwait and JM Financial AMC. The JP Morgan AMC currently manages assets worth Rs 6,758.71 crore as of end December, 2011.
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