JP Morgan Chase 2015 Annual Report Download - page 71

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Business highlights
• Fiduciarymindsetingrainedsince
mid-1800s
• Positiveclientassetowsevery
year since 2004
• $2.4trillioninclientassets
• Recordrevenueof$12.1billion
• Recordloanbalancesof$84billion
• Recordmortgagebalancesof
$27 billion
• #1cumulativelong-termactive
mutualfundows(2010—2015)
• #3cumulativelong-termactive+
passivemutualfund/ETFows
(2010—2015)
• Retentionrateofover95%fortop
senior portfolio management talent
• 250researchanalysts,30+market
strategists,5,000+annualcompany
visits
• #2globalmoneymarketfund
2015 HIGHLIGHTS AND ACCOMPLISHMENTS
Leadership positions
• #1InstitutionalMoneyMarket
Fund Manager Worldwide
(iMoneyNet, September 2015)
• #1PrivateBankintheWorld
(Global Finance, October 2015)
• #1PrivateBankOverallin
North America (Euromoney,
February 2016)
• #1PrivateBankOverallin
Latin America (Euromoney,
February 2016)
• #1U.S.PrivateEquityMoney
Manager (Pensions & Investments,
May 2015)
• TopPan-EuropeanFund
Management Firm (Thomson
Reuters Extel, June 2015)
• BestAssetManagementCompany
for Asia (The Asset, May 2015)
• #2HedgeFundManager(Absolute
Return, September 2015)
from sales support to controls. In
GIM, we continue to enhance our
application toolset for our sales
teams, which helps our advisors
access information and materials
on our entire product range,
investment capabilities and market
insights and more quickly respond
to client requests. On the controls
side, we continue to introduce new
technology tools that automate
previously manual processes, such
as our client onboarding processes,
which creates a more seamless
client experience and improves the
integrity of our data and how we
capture the information.
Maximizing analytics
Big data is one of the tools that is dra-
matically improving our analytics.
Using big data and our innovative
visualization tools, our portfolio
managers can take historical data and
combine it with predictive analytics
to inform how to model their next
moves. Big data also helps us identify
areas where we can collaborate across
the firm to serve clients that would
benefit from Asset Management’s
oerings and vice versa.
Value of being part of JPMorgan Chase
The ability to partner across the
broader 235,000-person JPMorgan
Chase global franchise is one of our
business’s truly unique characteris-
tics. It gives us the opportunity to
help clients with more of their
financial needs and enables us to
benefit from a world-class global
platform and infrastructure.
Working together across businesses
Asset Management is uniquely posi-
tioned as a hub that connects the dif-
ferent businesses of JPMorgan Chase.
Consumer & Community Banking
intersects with GWM on credit cards,
banking and mortgages. GWM pro-
vides the solutions for Chase Wealth
Management’s investments oering.
And the Corporate & Investment
Bank works with both GIM and
GWM on custody services, as well as
when clients have transition events
and need cash management or
individual wealth management.
Benefiting from shared infrastructure
The JPMorgan Chase platform oers
a significant competitive advantage
for us. We are able to leverage many
core infrastructure capabilities –
from cybersecurity to digital capabil-
ities to shared real estate – rather
than having to build our own from
scratch. Consider this: Forty percent
of our GWM clients also use Chase
retail branches on a monthly basis.
We both benefit from and contribute
to the strength of the JPMorgan
Chase brand.
Well-positioned for the future
We are proud of the performance
we have delivered to our clients and
shareholders and are excited about
the opportunities that are in front of
us. And we know that if we remain
focused on doing first-class business
in a first-class way and continue
to deliver strong investment perfor-
mance and product innovation,
supported by robust controls, our
success will follow.
Mary Callahan Erdoes
CEO, Asset Management