JPMAM plans more active ETFs in China after debut fund hits US$300 million cap on day one

JPMorgan Asset Management (JPMAM) expects to launch more actively managed exchange-traded funds (ETFs) in mainland China after its first such fund there hit the 2 billion yuan (US$300 million) fundraising cap on the first day of sales, its China chief said. “The first launch is just an opening move in a much bigger …

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