J.P. Morgan Launches Two Actively Managed Equity ETFs
Active management is back in action. J.P. Morgan Asset Management recently launched two new actively managed stock-based exchange-traded funds, a sign that issuers are looking to profit from more out-of-the-box strategies as the market grapples with unprecedented volatility.
Launched on May 21, the JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan International Growth ETF (JIG) represent ways of “delivering the best of J.P. Morgan through the technology, the benefit-rich vehicle, of the ETF,” Bryon Lake, head of Americas ETF distribution at J.P. Morgan Asset Management, told CNBC’s “ETF Edge” on Monday. Read more…………..
Chart Of The Day
Bryon Lake, head of Americas ETF distribution at J.P. Morgan Asset Management, and Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA, speak to the return of active management as JPMorgan launches two active transparent equity ETFs.