JP Morgan AM sets sights on Australia funds business
The US-based fund house may look to enter the mutual funds market in Australia this year, as well as Southeast Asia. It comes as it launches a new market guide as a training tool.
JP Morgan Asset Management is looking to enter the mutual funds market in Australia this year, is examining onshore entry in Southeast Asia and aims to launch its first ETF in China via its joint venture.
The strategy update was provided by Jed Laskowitz, the firm’s former head of US funds who transferred to Hong Kong last August to serve as CEO of its Asia funds business and head of investment management in Asia. AsianInvestor picked him in its top 10 people moves last year.
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