A reorganisation at JP Morgan Fleming's fund management arm leaves the fate of veteran institutional marketer Jeremy Clegg and Mickey Warrender hanging in the balance.

Clegg, who joined JP Morgan about six years ago having worked at Gartmore Investment Management and Henderson Investors, was responsible, alongside Warrender, for building relationships with investment consultants. JP Morgan Fleming Asset Management has now decided against having that dedicated team and instead UK consultant relationship management and client relationship management will be integrated.