Chang, who has 22 years of market experience, was named on four funds across global bonds, Asia Pacific bonds, Hong Kong dollar bonds and mixed asset funds at the time of his departure.
Shaw Yann has worked alongside Chang on several funds and was most recently head of Asian credit. She has been with the group since 2011.
JPM AM said the transition to Shaw Yann would be aided by the team-based approach the team has adopted, with the investment integrity of the funds being retained as they are handed over. It added that JPM AM’s commitment to Asia fixed income remains strong.
It was not revealed whether Chang intends to stay within asset management following his departure.
JPM AM announced the following fund manager changes related to Chang’s Sicav funds:
- Shaw Yann replaces Chang on the JPM China Bond fund, while Jason Pang remains as a co-lead.
- Jeffrey Roskell, Shaw Yann and Julie Ho remain in place on the JPMorgan Asia Pacific Income fund. Selina Yu is added as a co-manager.
- Shaw Yann and Pang take over the JPMorgan Asian Total Return from fund Chang.