June 26 (Bloomberg) -- Abigail Jones Feder, a JPMorgan Chase & Co. managing director who oversaw cash and bond investments for the bank’s private clients, has died. She was 51.
She died on June 22 at New York University Langone Medical Center in Manhattan, following a long illness, according to her husband, Andrew Feder. Residents of Cold Spring Harbor on New York’s Long Island, the couple shared their passion for sailing with their two children.
At JPMorgan Asset Management, Feder ran an investment team serving wealthy private-banking clients. She joined New York-based JPMorgan in 2000 as a vice president in the U.S. Fixed Income Group, overseeing short-term and intermediate domestic bonds. She spent the first 15 years of her career with Morgan Stanley Dean Witter Investment Management, in Manhattan, where she rose to head of enhanced cash management.
She shared her finance expertise with the organizations that helped educate her, serving on the investment committees of the Episcopal Diocese of Long Island and the East Woods School and Christ Church in Oyster Bay, New York. She was on the Board of Managers of the Havens Relief Fund Society, which distributes funds to struggling New York City residents through a network of 120 volunteers.
“She was very involved and truly altruistic,” Andrew Feder, a JPMorgan executive director who manages real estate investments on behalf of private banking clients, said yesterday in an interview. “She was selfless in her view of the world. She gave of herself to many people, and she led by spurring people to do great things.”
Abigail Lispenard Jones was born on July 16, 1962, in Huntington, New York.
Her father, Edward Sprague Jones, was an art dealer, genealogist and illustrator whose work appeared in publications including the Nation and the New Republic, according to his 1997 obituary in Princeton University’s alumni magazine. Her mother, the former Patricia Bleecker, was executive director of the Saint Nicholas Society of the City of New York from 1987 to 1997 and a former president of the National Society of the Colonial Dames of America, which preserves historic properties.
Feder was a 1980 graduate of Phillips Academy in Andover, Massachusetts. She graduated in 1985 from Vassar College in Poughkeepsie, New York, where she was an art-history major and captain of the squash team, her husband said.
Out of college she joined Morgan Stanley’s corporate-finance department and, in 1987, moved to Morgan Stanley’s asset-management business as a marketing analyst, according to a filing by the Morgan Stanley Institutional Fund Trust. She became a portfolio manager in the fixed-income group in 1989, a vice president in 1992, and head of a cash-reserves portfolio in 1996.
In addition to her husband, survivors include their son, Andries, 20, and daughter, Catalina, 17; her sister, Susanna A. Jones, head of the Holton-Arms School in Bethesda, Maryland; and her brother, Thomas Jones, a partner in the Washington office of law firm Willkie Farr & Gallagher LLP.
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