iShares has announced that its JP Morgan $ Emerging Market Bond fund has surpassed $1bn in assets.
Media reports that JP Morgan bought $1.5bn of copper due to the imminent launch of its copper ETF are based on "speculation" as the trade is "three times the size" needed for the fund, Macquarie says.
The global economic recovery is benefiting many sectors, but few have gone as unnoticed as industrial metals. Nick Sudbury reports
The trustee trying to recover billions for the victims of Bernard Madoff yesterday sued JPMorgan for $6.4bn, claiming it was 'wilfully blind' to the giant fraud.
The physically backed commodity ETF market is set to grow with the inclusion of Copper as JP Morgan and Blackrock file with the SEC.
Many wealth managers are lacking the required qualifications to meet RDR standards and are confused about 'independent' and 'restricted' advice labels, research suggests.
Although the European ETF market has always played asset catch-up with its older US counterpart, it is set to experience a growth spurt on the back of regulatory developments. Helen Fowler reports
Nick Gartside will join J.P. Morgan Asset Management next year as the international CIO of fixed income, the group's lead bond investor outside the US.
Schroders' head of global fixed income Nick Gartside is joining J.P. Morgan as the head of fixed income after an eight-year tenure, Investment Week understands.