(Corrects to Wednesday in first paragraph)
May 2 (Reuters) - The asset management arm of JPMorgan Chase and Co on Wednesday appointed Philippe El-Asmar as head of Asia beta strategies.
El-Asmar is a co-founder and former chief executive of Amareos, a financial news analytics firm that uses artificial intelligence to evaluate market sentiment.
In his new role, El-Asmar will be responsible driving the firm’s Asian beta strategies expansion.
He will be based in Hong Kong. (Reporting by Sanjana Shivdas; Editing by Gopakumar Warrier)