UPDATE: J.P. Morgan Names Chang as Global Head of Fixed Income Research

(Updates with additional appointment details)

By Erin McCarthy

J.P. Morgan & Chase Co. (JPM) named Joyce Chang as its global head of fixed income research, the bank said Friday in a statement.

Previously, Ms. Chang was managing director and head of emerging markets and global credit research. In her new role, Ms. Chang will oversee research globally in foreign exchange, rates, securitized products and public finance research, in addition to her current research areas of global emerging markets, credit and indexes, the bank said.

Ms. Chang replaces Terry Belton, who was recently named head of global portfolio strategy for J.P. Morgan's chief investment office, a J.P. Morgan spokeswoman said.

The bank also announced a number of other moves. John Normand will manage rates strategy for Europe, Japan and Australia, in addition to leading the bank's global foreign exchange strategy. Matt Jozoff, head of the bank's securitized products research, will also oversee U.S. rates research, J.P. Morgan said.

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