JPMorgan Asset Management will see the retirement of two veteran international equity portfolio managers this year.
He joined the firm in 1985 and had managed the fund since 1999.
Gerd Woort-Menker will also retire, but during the second quarter of 2017.
He is a manager on the $1 billion JPMorgan International Value fund, the $161.5 million JPMorgan International Equity Income fund, and the $599.2 million Mass Mutual Select Overseas Value fund, which JPM subadvises.
Woort-Menker has been with the firm since 1987 and has managed the firm’s international value stratgey since its inception.
Demetris Georghiou and Georgina Perceval Maxwell will continue to run the JPMorgan International Value fund. Maxwell and James A Davidson will continue to manage the JPMorgan International Equity Income portfolio.
No one new will be added to either fund.
Separately, the firm has appointed Joyce Weng as portfolio manager on the $1.9 billion JPMorgan Emerging Economies fund, according to an SEC filing.
Weng has been with JPMorgan for seven years, primarily working as an analyst within the firm's emerging markets equity team.
Prior to joining JPMorgan, she was a senior analyst at Goldman Sachs Asset Management.
A spokeswoman for the firm confirmed the contents of the filings but declined to comment further.
In February, JPMorgan reshuffled the management on two of its funds.