Home | Business News | Browse by Publication | B | Business Wire

J.P. Morgan to Provide Global Custody and Securities Lending Capabilities to Jackson National's Variable Insurance Funds.

Publication: Business Wire
Publication Date: 02-NOV-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- J.P. Morgan today announced that it has been selected to provide global custody and securities lending services for the investment options that are available within the variable annuity and variable life insurance contracts offered by Jackson National Life Insurance Company([R]) ("Jackson([R])") and/or Jackson National Life Insurance Company of New York([R]). The investment options in this mandate total approximately $38 billion of net assets as of September 30, 2009.

The review and appointment of J.P. Morgan was coordinated by Jackson National Asset Management, LLC ("JNAM") and approved by the Board of Trustees/Managers for the Funds. In addition to providing Jackson's investment options with investment advisory, fund accounting, fund administration and institutional transfer agency services, JNAM also offers fund accounting...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.