J.P. Morgan and Lincoln Financial Merge Insurance Trust Funds, Joining Forces to Enhance Offerings in the Variable Insurance Trust Space
NEW YORK, and RADNOR, Pa., Dec. 19, 2022 /PRNewswire/ -- – J.P. Morgan Asset Management and Lincoln Financial Group today announced that they have strengthened their partnership to have J.P.... |…

This initiative will ask shareholders of four JPMorgan Insurance Trust portfolios (JPM VITs), to approve a proposal for combining the JPM VITs with four corresponding series of Lincoln Financial Variable Insurance Products Trusts (LVIP Acquiring Funds). LVIP JPMorgan U.S. Equity Fund
J.P. Morgan1 will be the subadvisor to each LVIP Acquiring Fund, subject to shareholder approval. It will continue to manage the LVIP Acquiring Funds with its world-class portfolio management team and investment processes, "As a leader in life, annuity, and retirement solutions, we are delighted to have these capabilities as a part of our subadvised lineup. This further enhances how we address core investors needs," stated Ben Richer, Head Funds Management, Lincoln Financial Group. Eric Wilson, Head, Subadvisory, J.P. Morgan Asset Management, stated that this partnership demonstrates our total focus on subadvisory relations, the investment strategies underpinning them, and supporting our clients’ own growth strategies. Lincoln Financial Group offers advice and solutions to help people feel confident and optimistic about their financial lives. Nearly 16 million people trust our wealth protection, retirement and insurance expertise to help them achieve their savings, income, lifestyle goals, and protect against future care expenses. Lincoln Financial Group, headquartered in Radnor (PA), is the marketing name of Lincoln National Corporation (NYSE :LNC) or its affiliates. As of September 30, 2022, the company had $270 million in end-of period account values. Lincoln Financial Group, a committed corporate citizen, is included on major sustainability indices such as the Dow Jones Sustainability Index North America (FTSE4Good) and ranks among Newsweek’s Most Responsible Companies. We are committed to diversity, equity, and inclusion and we are included in transparency benchmarking tools like the Corporate Equality Index (the Disability Equality Index), the Bloomberg Gender-Equality Index, and the Bloomberg Gender-Equality Index. FlexJobs named us as one of the 100 Top Companies to Watch in 2022 for Remote Jobs. We are committed to offering flexible work arrangements to our employees. Lincoln is a well-respected and long-standing leader in ethical behavior, truth telling, and advocating for the rights of others. He was named one of Ethisphere's 2022 World's Most Ethical Businesses(r). Our intern development program ranks among WayUp's and Yello’s annual Top 100 Internship Programs. We offer opportunities for young talent. Find out more at: http://www.URL. Follow us on Facebook and Instagram. J.P. Morgan Asset Management is a leader in investment management with assets under management totalling $2.3 trillion as of September 30, 2022. J.P. Morgan Asset Management serves institutions, retail investors, and individuals with high net worth in all major markets around the globe. J.P. Morgan Asset Management provides global investment management in equities and fixed income. MAY LOSE VALUE View original content to download multimedia:URL.html
SOURCE J.P. Morgan Asset Management