By Marcus Williams
Chris Morrell, the manager of JP Morgan’s emerging alpha plus fund is to step down, is to part company with the US banking group.
Morrell, who joined from Merrill Lynch in 2006, will be replaced as manager of the fund by Ashraf el Ansary, who has served on JP Morgan’s emerging markets team since 1999.
Morrell joined JP Morgan from Merrill Lynch where he was responsible for global emerging market equity sales. He also had a stint at SNC where he was head of international equity sales.
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