IMS, the specialist in fund management selection run by the well-regarded Richard Timberlake, has recommended JP Morgan Fleming Asset Management, ABN Amro and Barclays Global Investors (BGI) as subadvisors to a new private client fund.

JP Morgan Fleming will manage global growth equities and fixed income. A spokesman for the firm said the IMS recommendation reflected a wider acceptance that it had got through its integration, which started when JP Morgan and Chase Fleming merged at the start of the year.