JP Morgan’s Sarah Emly Passes Away
Fund manager averaged 21% returns over three-year period.
Sarah Emly
After struggling with her health in recent years, Sarah Emly, fund manager for JP Morgan, has died at 43.
During the UK equities team member’s time with JP Morgan, where she spent the majority of her 22-year career, Emly helped run the JPMorgan Income & Capital, JPMorgan Claverhouse, and JPMorgan Elect Managed Income investment trusts, as well as the JPM UK Equity Blue Chip and JPM UK Equity & Bond Income funds.
Emly initially joined the banking giant in 2001, when JP Morgan acquired Chase Manhattan Bank. Prior to that, she worked at Robert Fleming & Co. in 1995 after graduating from the University of Bath with degrees in international management and French. In 2000, Fleming was sold to Chase, where Emly stayed until the JP Morgan acquisition.
“She battled with ill health these past few years with a courage, humour, and determination that was truly inspirational,” the boards of the investment trusts said in a joint statement.
Over a three-year period, Emly’s funds averaged 21% returns.
John Banker will continue to manage JPMorgan Income & Capital, while William Meadon will continue to manage Claverhouse. Both managers will oversee the managed income portion of JPMorgan Elect.