Reported 16 days ago
JPMorgan Asset Management aims to grow its assets under management in the Asia-Pacific region to $600 billion over the next five years, as revealed in a Bloomberg report. The firm had $302 billion managed in Asia by the end of last year, with Australia, China, and Japan identified as key growth contributors. CEO Dan Watkins stated the firm seeks to balance institutional and private clientele while responding to market changes and increasing interest in diversifying investments beyond the US.
Source: YAHOO