J.P. Morgan Plays Catch Up in ETF Race
Many traditional money managers who missed out on the initial rounds of exchange-traded fund (ETF) waves are coming out with their own products and solutions, regardless of the current abundance of ETF selections in the marketplace. Like Goldman Sachs Asset Management, J.P. Morgan Asset Management, which touts clients such as large pensions, endowments and sovereign funds, is playing catch up in the ETF market. The company oversees about US$ 1.5 trillion in assets under management as of March 31, 2017. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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