JPMorgan Asset Management Says China Remains ‘Irreplaceable’
- JPMAM China raised $278 million for ETF tracking CSI A50 index
- Firm will continue to hire in China for research, distribution
This article is for subscribers only.
JPMorgan Chase & Co. will continue hiring in China for its asset management business as it targets growth in the world’s second-largest economy.
“China’s mutual fund industry remains an irreplaceable growth market for global asset managers,” Desiree Wang, JPMorgan Asset Management China chief executive officer, said in an interview on Friday. “It offers a great certainty of growth.”