JPMorgan ETFs Are a Hit, but With Its Own Clients - News Summed Up

JPMorgan ETFs Are a Hit, but With Its Own Clients


JPMorgan Chase & Co. launched an exchange-traded fund last June that invests in Japanese stocks. The fund raised $1.7 billion in six weeks, making it one of the fastest ETFs ever to surpass $1 billion in assets. The biggest buyers: JPMorgan’s clients. By buying JPMorgan’s ETFs on behalf of customers, JPMorgan’s private bank and wealth...


Source: Wall Street Journal March 11, 2019 11:00 UTC



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