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0.000260457363129715 -0.000156274417877799 5.20914726260318E-05 -0.000156274417877799 0.000781372089388997 0.000677189144137229 0.00192738448715948 -0.000781372089388997
Stock impact report

JPMorgan’s ETF head quits abruptly after presiding over rapid growth [FT.com - Mergermarket]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Will SchmittJump to comments sectionStay informed with free updatesSimply sign up to the myFT Digest -- delivered directly to your inbox.The head of JPMorgan’s rapidly growing exchange traded funds business, Bryon Lake, has left the firm suddenly after steering the manager’s active ETF offerings to record heights.JPMorgan Asset Management’s active ETF business has amassed more money from investors over the past year than any firm except Dimensional Fund Advisors, according to data from Morningstar Direct.Overall, the manager now has about $169bn in assets under management in ETFs, including the $33bn JPMorgan Equity Premium Income ETF (JEPI), which launched in May 2020 and rapidly grew to become the world’slargest actively managed ETFIt also dominates the smaller an active ETF sector, with a market share of44 per centLake joined JPMorgan in 2017, spending time as head of international ETFs in London and head of ETFs in New York before taking over as global head Show less Read more
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