JPMorgan Global Equity ETF outlined its plans to enter the booming ‘smart beta’ ETF business, according to its regulatory filing. Brendan Conway of Barrons reports that despite the general feeling that the exchange-traded fund market is over-crowded, JPMorgan Asset Management announced its intention to enter the new ETF. Index and expense details not revealed In its regulatory filing with the Securities and Exchange Commission, JPMorgan Asset Management has neither disclosed the index its ETF would track nor an expense ratio or other key details. Smart Beta, a more refined index-style investment strategy, is becoming more popular to some investors because of…
JPMorgan Set To Enter Smart Beta ETFs
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports