GERMANY – J P Morgan Fonds Service GmbH has bolstered its Master KAG team with the appointment of Joachim Treppner.

Treppner joins as operations manager and will report to Martina Reichl, chief executive officer in Frankfurt.

Prior to joining, Treppner had been managing director of SEB Invest GmbH, and most recently a member of the division management team at SEB Asset Management in Stockholm where he was responsible for operations.

The JPMorgan Master KAG was established this summer and is courting institutional investors in Germany considering moving their assets to a Master KAG structure.

JPMorgan Master KAG provides customers with information updates and co-ordinates asset managers – an area where companies are increasingly relying on external contractors.