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page 7 for analyst certification and important disclosures. Click play to view video Global Asset Allocation Jan Loeys AC JPMergan Chase Bank NA John Normand J.P. Morgan Securities plc Nikolaos Panigirtzoglou JP. Morgan Securities plc Mika Inkinen J.P. mown Securities plc Matthew Lehmann J.P. Morgan
arket implications: they favor income over growth assets. See page 7 for analyst certification and important disclosures. Click play to view video Global Asset Allocation Jan Loeys AC JPMergan Chase Bank NA John Normand J.P. Morgan Securities plc Nikolaos Panigirtzoglou JP. Morgan Securities plc Mika Inkinen J.P
n roll/slide. Jan Loeys <http://=maillink.jpmorgan.com/t/AQ/AAMGjA/AAYLOg/QIFDJA/Ael/ABuQqw/AQ/BEeu> (1-212) 834-5874 <tel:%281-212%29%20834-58=4> John Normand <http://=maillink.jpmorgan.com/t/AQ/AAMGjA/AAYLC/g/QIFDJA/Ael/A8QyhQ/AWGNvy> (44-20) 7134-1816 Nikolaos Panigirtzoglou <http://=maillink.jpmorgan.c
Perlman, Daniel A Sent: Friday, August 09, 2013 05:09 PM Eastern Standard Time To: Subject: The J.P. Morgan View : What countries to buy or sell Global Asset Allocation The J.P. Morgan View: What countries to buy =r sell Click here for =he full Note and disclaimers. EFTA_R1_01742400 EFTA02572697 • Asset alloca
ach side's position. See page 7 for analyst certification and important disclosures. Global Asset Allocation Jan Loeys AC JPMorgan Chase Bank NA John Normand J.P. Morgan Socunbos plc Mk I P nl Irtz I u J.P. Morgan Secunlies plc Seamus Mac Gorain J.P. Morgan Sooting°, plc Matthew Lehmann J.P. Morgan
still be buffeted by a steady news flow on wide gaps between each side's position. See page 7 for analyst certification and important disclosures. Global Asset Allocation Jan Loeys AC JPMorgan Chase Bank NA John Normand J.P. Morgan Socunbos plc Mk I P nl Irtz I u J.P. Morgan Secunlies plc Seamus Mac Gorain J.P.
and important disclosures. Global Asset Allocation 04 January 2013 Global Asset Allocation Jan Loeys AC (1-212)834-5874 JPMorgan Chase Bank NA John Normand (44-20) 7134-1816 M. Morgan Securities plc Nikolaos Panigirtzoglou (44-20) 7134-7815 Morgan Secunties plc Seamus Mac Gorain (44-20)7134-7761
wth raised from 0.4% to 0.5% (see discussions by Kanno and Adachi in today's GDW). See page 7 for analyst certification and important disclosures. Global Asset Allocation 04 January 2013 Global Asset Allocation Jan Loeys AC (1-212)834-5874 JPMorgan Chase Bank NA John Normand (44-20) 7134-1816 M. Morgan Securitie
Entities connected to both John Normand and Global Asset Allocation

JPMorgan Chase
ORGANIZATION
Matthew Lehmann
PERSONJan Loeys
PERSON
Malaysia
LOCATIONSeamus Mac Gorain
PERSON
Philippines
LOCATION
New Zealand
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Hungary
LOCATIONthe Securities and Futures Commission
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATION
Eric Trump
PERSONthe Taiwan Securities and Futures Bureau
ORGANIZATION
the Ministry of Finance
ORGANIZATIONthe Central Bank of Brazil
ORGANIZATIONthe Philippine Stock Exchange
ORGANIZATIONthe Stock Exchange of Thailand
ORGANIZATIONBombay Stock Exchange Limited
ORGANIZATIONBrent
ORGANIZATIONthe Mexican Stock Exchange
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Ecuador
LOCATION