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Benzinga
Benzinga
Business
Chandrima Sanyal

JPMorgan's New ETF Smashes Records With $2 Billion Kick Off

JPMorgan Exec Demands ‘More Hustle’ As Office Mandate Sparks Tension: Report

J.P. Morgan Asset Management launched the latest salvo of the 2025 bond ETF boom on Thursday, rolling out the JPMorgan Active High Yield ETF (BATS:JPHY) with a jaw-dropping $2 billion in assets.

Supported by a large institutional investor, the launch is the largest active ETF launch on record, and one that sets a high standard as investors increasingly look to fixed income strategies in uncertain market conditions.

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