JPMorgan Asset Management plans to manage $1 trillion in active exchange-traded funds within five years

March 19, 2024--March 19, 2024--JP MORGAN Asset Management (JPMAM) chief executive George Gatch has set an ambitious target to expand assets in the group's active exchange-traded funds (ETF) business by more than five times to US$1 trillion in five years, from the current US$164 billion.

Speaking at its international media conference in London last week, Gatch said the growth of actively managed ETFs, in a space dominated by passive index trackers, is "one of the most fundamental changes in the asset management market".

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China stimulus unleashes ETF buying spree in US and Europe

October 10, 2024-A scramble for Chinese equities united the global investment industry last month, just as attitudes towards European and Japanese stock markets became heavily bifurcated along geographical lines.

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