JPMorgan Asset Plots Expansion in Booming Active ETF Market (1)

JPMorgan Asset Management is aiming to extend its footprint in the booming world of active ETFs.

As industry competition heats up, the fund manager is looking to unveil new exchange-traded fund offerings this year after a busy run of launches in 2023, according to JPMorgan Asset Management’s Philippe El-Asmar, who heads up ETF, digital and direct for the Asia Pacific region.

“On a global basis, last year we launched 25 ETFs and this year we probably will launch something similar in terms of the composition of what we’ve launched,” El-Asmar said in an interview. “It was a very large ...