JPMorgan chases active ETFs with $10 billion mutual fund switch
The firm plans to convert four mutual funds into ETFs next year, making it the biggest name so far to make such a move.
JPMorgan Chase & Co. wants to take advantage of the boom in actively managed exchange-traded funds.
The financial giant plans to convert four mutual funds with $10 billion in assets into active ETFs in 2022, pending approval from their boards, J.P. Morgan Asset Management said in a statement
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