Reported 16 days ago
JPMorgan Asset Management's CEO for Asia-Pacific, Dan Watkins, emphasized that China will be a key contributor to the firm's ambitious plan to double its assets under management in the region to approximately $600 billion over five years. He anticipates substantial growth from China's asset management sector, particularly in exchange-traded funds (ETFs), as international investors seek diversification amid geopolitical tensions. With Hong Kong as a central hub for innovation, JPMorgan aims to significantly expand its ETF offerings and capitalize on cross-border investment opportunities.
Source: YAHOO