JP Morgan Aims to Reach $1 Trillion Market Share in ETFs
===============
#08b70dab ver:0.06
JP Morgan Asset Management has set a goal to reach a market share of $1 trillion in exchange-traded funds (ETFs), which currently manage savings valued at $12 trillion. The company launched its ETF platform in 2014 and currently has 113 ETFs with assets of $164 billion. It plans to achieve its $1 trillion target within the next five years. JP Morgan Asset Management sees growth potential in actively managed ETFs, which currently represent only 6% of the ETF market but are considered a revolution in the industry. The company also emphasizes the importance of technology, with 150 engineers working to reduce costs and provide greater value to customers. Additionally, JP Morgan Asset Management believes there is growth potential in alternative products, such as unlisted assets .
The first ETF...
#newstr #JpMorgan #Etfs #MarketShare