J.P. Morgan Asset Management

Covid-19 restrictions hit business activity

Management changes to take place from 1 November

Change starts at individual, not company, level

Go alone for follow the crowd?

Departs after two years

Drawing up forecasts amid public spending and unemployment

How not confuse cyclical issues with structural ones

Carlos Varela to head up team

Other sales staff also depart

Is a more balanced market around the corner?