Management shake-up at JPMorgan Japan Small Cap Growth & Income as Saito departs – JPMorgan Japan Small Cap Growth & Income’s (JSGI) manager, Eiji Saito, will be leaving JPMorgan after 18 years’ service. He has made the decision to leave the industry after 26 years to return to university and pursue a degree in law.
Saito’s specific portfolio management responsibilities will be transitioned to other members of JPMorgan Asset Management’s Japanese Equity team.
Miyako Urabe will replace Eiji as the lead manager and the Japan Small/Mid Cap strategy. She has spent 14 years within the industry, including 9 years at JPMorgan, having joined the Japanese Equities team in 2013. She has been a named manager on the multi-cap Japan Growth Unconstrained strategy since 2015.
She will be joined by Xuming Tao and Nao Ozawa as portfolio managers. Tao was recruited to the team in 2019 as an analyst to focus on Japanese small cap research while Nao – who was already a manager alongside Saito – has spent 14 years at JPMorgan and 4 years as manager of JSGI. Michiko Sakai will leave the team to focus on the JPM Japan Sustainable strategy responsibilities.
The three portfolio managers will continue to work closely with the team in Tokyo that has been managing Japanese equities mandates since 1969.
JSGI : Management shake up at JPMorgan Japan Small Cap Growth & Income as Saito departs