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Monday, May 2, 2011

These Fund Firms are Hiring

News summary by MFWire's editors

The "We're hiring" sign is up at mutual fund firms such as JPMorgan Asset Management, BlackRock and T. Rowe Price, reports InvestmentNews' Jessica Toonkel.

JPMorgan [see profile] is targeting to boost its sales and distribution team headcount globally by 15 percent this year, George Gatch, CEO of the investment management Americas unit, tells the pub.

For its part, BlackRock [see profile] wants to grow its retail distribution staff by 15 percent in the next 12 to 18 months, according to U.S. private-client national sales manager Joseph DeVico.

T. Rowe [see profile] also has plans to up its sales force headcount this year, though it has yet to determine exactly by how much. 

Edited by: Armie Margaret Lee


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