摩根大通立下資管業務雄心：亞太地區規模五年翻番至 6000 億美元
JP Morgan plans to expand its asset size in the Asia-Pacific region to USD 60 billion by 2030, expecting to double it within five years. The company believes that the active ETF business will drive growth and is optimistic about the potential of markets such as Australia, Singapore, Southeast Asia, and South Korea. JP Morgan's managed assets in the Asia-Pacific region have reached USD 30.2 billion, more than doubling since 2019
According to the Zhitong Finance APP, JPMorgan Asset Management (JPM.US) aims to double its assets under management in the Asia-Pacific region to $600 billion within five years. The company believes that its actively managed exchange-traded fund (ETF) business will see growth, and there are new market opportunities in the region.
Dan Watkins, CEO of the Asia-Pacific region, stated, "Our goal is to double our business in the Asia-Pacific region over the next five years. Our long-term goal is to expand this business to $1 trillion."
According to financial reports, as of the end of 2024, the company's assets under management in the region reached $302 billion, more than doubling from the level in 2019.
This growth is attributed to client demand for active ETFs. The company launched its first such product in Taiwan in September, allowing investors to invest in U.S. technology companies.
In July, JPMorgan Asset Management became the only foreign institution among three selected management firms to receive S$1.1 billion (approximately $847 million) in entrusted funds from the Monetary Authority of Singapore, aimed at strengthening the local stock market.
Watkins stated that the company sees "significant growth momentum and tremendous growth potential" in markets such as Australia, Singapore, Southeast Asia, and South Korea.
Globally, the New York-based company had total assets under management of $37 trillion as of the end of March. Its latest business expansions in Asia include Australia and mainland China, where it has established wholly-owned subsidiaries, while Hong Kong serves as its regional headquarters
