(February 7, 2012) — JP Morgan Asset Management has announced that it has hired Roberts Grava as Managing Director in its Strategy Group.
In his new role, Grava will be primarily focused on expanding the company’s dialogue with large sovereign wealth funds and central bank clients and producing proprietary research, according to a statement from the asset management firm.
Previously, Grava worked at The World Bank as Head of Quantitative Strategies, Risk and Analytics, which provided advisory services for more than 40 central bank, national pension fund, and sovereign wealth fund clients. Between 2007 and 2010, Grava worked at JP Morgan Asset Management as a Senior Client Portfolio Manager in Fixed-Income. Grava spent 11 years at Latvijas Banka (Bank of Latvia), where he was a member of the bank’s board and Chief Investment Officer.
“Roberts brings a wealth of knowledge and expertise that will add a new dimension to our interaction with these important institutional investors,” said Peter Rappoport, Global Head of JP Morgan Asset Management Strategy Group.
The firm added in a statement: “Roberts’ decades of experience at The World Bank, the Bank of Latvia and other institutions will add depth to our strategic dialogues with sovereign wealth funds and central banks. Increasingly sophisticated and prominent sovereign wealth funds will be important participants in shaping the future of global finance and seasoned experts like Roberts can deliver JP Morgan Asset Management’s best thought leadership and client service to this critical market segment.”