- WIB PH
If investors think emerging markets are the obvious go-to for yield and long-term growth, Joyce Chang has some sobering news for them.
September 18
Joyce Chang
Global Head of Research, Corporate and Investment Bank, J.P. Morgan
This is a big year for Joyce Chang. At J.P. Morgan's corporate and investment bank, she's gone from overseeing about 280 employees as global head of fixed income research to supervising about 950 employees as the global head of research. She was also one of three bankers to be inducted into the Fixed Income Analyst Society Hall of Fame.
Since her April promotion, Chang says she has spent most of her time getting the various research groups to work together and making sure all groups are well informed about news that could affect clients. One way she has accomplished both goals is by holding educational sessions on topics like geopolitical issues and their market repercussions and the changes in the fixed-income business after the financial crisis.
Chang also makes a point of getting to know the women that she manages. Shortly before she took on her new role, Chang spearheaded a research report to challenge the conventional wisdom of a forthcoming "great rotation" out of bonds and into equities. She asked a woman from each fixed income group to help her write this report. The team has since written two follow-up pieces.
