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In brief: JP Morgan Fleming appoints equities head/ADAM promotes Lovett/FSA fines MLP

JP Morgan Fleming Asset Management has appointed Martin Porter as global head of equities.

He was previously chief investment officer of the Fleming equity and balanced process globally, In his new role, Porter will be responsible for all quoted equities and balanced funds for the firm and the senior investment heads in these areas will report to him. Pablo Forero, the firm's chief investment officer for international equities, will take on a new role working with Porter to help manage the equity and balanced teams.

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