JPMorgan names Wang new head of China asset management unit

JPMorgan names Wang new head of China asset management unit

FILE PHOTO: A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez/File Photo

JPMorgan Asset Management (JPMAM) on Thursday appointed Desiree Wang as its China chief executive, a few months after the U.S. asset manager won approval to operate its fully owned fund management unit in China.