JPMAM launches FI and EM active ETFs

Oksana Patron

23 August 2023

J.P. Morgan Asset Management has announced the recent launch of its first fixed income and emerging market active exchange traded funds (ETFs) in Australia, the JPMorgan Income Active ETF (JPIE), and an upcoming launch of the JPMorgan Emerging Markets Research Enhanced Index Equity Active ETF (JREM) on Cboe Australia.

JPIE is a bottom-up active fixed income strategy, seeking to deliver yield and generate consistent income with lower volatility while JREM leverages JPMAM’s underlying Research Enhanced Index (REI) strategy seeking positive alpha at low tracking error, staying sector, style and region neutral, the firm said.

“JREM is a great addition to our Global REI suite of products providing investors access to emerging markets (EM) but in fairly conservative manner. When we look at the big picture, the economic and demographic growth story within EM is still very compelling and an important inclusion in a well-diversified investment portfolio – particularly for those focused on the longer-term fundamentals and looking to capture the growth opportunities,” Mark Carlile, Head of Wholesale, Australia and New Zealand, said.

Andrew Creber, Australia and New Zealand CEO, said these listings would bring the total number of JPMAM’s active ETFs to nine in the last 12 months.

“We are continually enhancing our product range, identifying gaps in the market where we feel our expertise and knowledge can deliver value for Australian investors,” he said.

“With our global scale, we seek to bring our best-in-class solutions at competitive fees – and be the leading global active asset manager in Australia.”