Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

JPMorgan Hires Goldman’s Sharma for Insurance Bond Post

Don't Miss Out —
Follow us on:
JPMorgan Hires Goldman’s Sharma for Insurance Fixed-Income Role
JPMorgan Chase & Co., which oversees about $50 billion for the industry, recently made additions in Hong Kong and Tokyo for the insurance solutions business. Photographer: Scott Eells/Bloomberg

June 12 (Bloomberg) -- JPMorgan Chase & Co.’s asset-management unit hired Prashant Sharma as head of international fixed-income investments for insurance clients.

Sharma will be based in London and report to Nick Gartside, international chief investment officer of fixed-income, New York-based JPMorgan said today in an e-mailed statement. Sharma previously worked at Goldman Sachs Group Inc.’s asset-management business and has a decade of experience working as a fixed-income portfolio manager.

Asset managers including Goldman Sachs and BlackRock Inc. have been expanding their offerings and adding staff to win mandates from insurance companies as low interest rates pressure income from bond portfolios. JPMorgan, which oversees about $50 billion for the industry, recently made additions in Hong Kong and Tokyo for the insurance solutions business and last year named Douglas Niemann, who previously worked at American International Group Inc., to lead strategy and analytics.

“Fixed-income investing is extremely important to insurance clients, particularly in the current low interest-rate environment,” Gartside said in the statement. “However, their investment needs as a client group are unique, and as our insurance solutions business grows, Prashant’s dedicated expertise will be integral to this.”

Andrea Raphael, a spokeswoman for New York-based Goldman Sachs, didn’t immediately return a call for comment.

To contact the reporter on this story: Noah Buhayar in New York at

To contact the editor responsible for this story: Dan Kraut at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.