Latest news with #TravisSpence
Yahoo
03-06-2025
- Business
- Yahoo
'Activate your core' portfolio with these active ETFs
2025 is expected to be a monumental year for active exchange-traded funds (ETF) as US investors represent some of the biggest inflows into the asset category. J.P. Morgan Asset Management Global Head of ETFs Travis Spence breaks down the options that active ETFs offer investors, while listing several active ETFs that cover core sectors. Among its assets under management, Spence's firm manages about $190 billion in ETF assets alone. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. I'm curious, when you talked about those flows into active ETFs, what's that coming at the expense of? I mean, is that, what are investors less excited about? Well, I think you've seen a, a secular trend over the last, you know, kind of 10 years of movement from the mutual fund wrapper into the ETF wrapper. So we've seen that here in the US and, and that's a part of it. I think we also see a lot of clients moving from just passive strategies now that you have active ETFs available. Again, in some of these core sectors, think of your core, your core bond sectors, your, your large, large cap, uh, growth sectors. Now you have a, a real option that gives you some additional benefits by being the ETF wrapper, the transparency, the, the price discovery, the ability to trade every day, and in many cases, a, a much more tax efficient wrapper. So put all this together, what should people be doing right now? Which ETFs should they be looking on in this environment? So I think there's, there's two recommendations that we would have. Like in this environment where we've got rates and spreads moving around, we've got the tariff impact, which is really at a company specific level. That's not even an industry specific. It's what companies are doing with their own supply chain and that, that's something we need to evaluate from a fundamental basis. So I think two things is really, you know, one, get active in your core portfolio. You know, activate your core. We always say we're going to the gym. Um, so I think that's number one and you can take advantage of these active, uh, ETFs now in, in those core sectors. So think of your, again, your intermediate or your core, your core plus bonds, your income strategies and fixed income. We've got some great options within that, things like J Bond, JP, uh, that, that have been doing really well in that active ETF wrapper. The second, and, and then of course, in, in equities as well, you've got your growth strategies, your value strategies that are now in, in active ETFs. Um, the second recommendation we would have, and this is really important in this environment, and where we've seen most of the flows in the active ETF space in the US this year, has been into strategies that are more downside protected, um, and into short ultra short, uh, bonds. So that's where we've seen the bulk of the, the assets go. Those are things in, in innovations that came out in the ETF wrapper, like derivative income. So Jepi, JepQ, uh, that we offer which, which provide a bit more downside protection with an option call writing strategy that also provides income by staying invested in the equity market. With that extra volatility comes a little bit of additional income that we can get through those derivative, uh, overlay strategies. So Jepi and JepQ that are representing what you would get normally within a broad core equity exposure or within the Nasdaq exposure are now offering yields of 11, 15% in addition to being invested in the market with a bit of downside protection. That's those are, those are ways to again, stay invested and, and, and, and get invested if you're not there already. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
'Activate your core' portfolio with these active ETFs
2025 is expected to be a monumental year for active exchange-traded funds (ETF) as US investors represent some of the biggest inflows into the asset category. J.P. Morgan Asset Management Global Head of ETFs Travis Spence breaks down the options that active ETFs offer investors, while listing several active ETFs that cover core sectors. Among its assets under management, Spence's firm manages about $190 billion in ETF assets alone. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-04-2025
- Business
- Yahoo
2025 'The Year of Active ETFs': JPMorgan's Spence
JPMorgan Asset Management Global Head of ETFs Travis Spence explains why he thinks 2025 will be the year of active ETFs. He speaks with Scarlet Fu and Katie Greifeld on "ETF IQ."
Bloomberg
28-04-2025
- Business
- Bloomberg
Bloomberg ETF IQ 04/28/2025
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: PGIM Investments Head of ETFs Matt Collins and JPMorgan Asset Management Global Head of ETFs Travis Spence. (Source: Bloomberg)
Yahoo
11-04-2025
- Business
- Yahoo
JPMorgan First-Quarter ETF Assets Jump 39% on JEPI, JEPQ Inflows
JPMorgan Chase & Co. (JPM), the sixth-largest ETF issuer, said first-quarter assets in its exchange-traded fund business jumped 39% as inflows surged into its biggest funds, including JEPI and JEPQ. ETF assets under management rose to $239.9 billion from $172.6 billion in the prior year's first quarter, according to New York-based JPMorgan, the biggest U.S. bank. That growth was fueled in part by the company's ETFs, which pulled in $19.1 billion in flows, a 30% jump from the year-earlier period. ETF issuers like JPMorgan and BlackRock Inc. (BLK) benefitted as investors plowed $296 billion into ETFs during the first quarter, even as markets dropped, with the S&P 500's 4.6% decline marking its worst first quarter in three years. BlackRock, whose iShares is the world's largest ETF issuer, reported $107 billion in total net inflows into ETFs for the quarter. JPMorgan is focused on active ETFs, with six of its seven first-quarter launches in that category. Assets in its active business surged 58% to $177.2 billion, and inflows nearly doubled to $18.4 billion. The company doesn't offer the passive, major index-tracking ETFs its rivals rely on to bring in big inflows, instead opting for more specalized, income-generating funds like the $38 billion JPMorgan Equity Premium Income ETF (JEPI). Those funds carry higher management fees than passive funds. "Q1 has been favorable for active management" in equities and fixed income, Travis Spence, J.P. Morgan Asset Management's global head of ETFs, said in an emailed statement. In equities, the company has "focused on re-evaluating our fundamental views at the company level of post-election changes to earnings momentum, including the recent tariff tantrum, and in fixed income, where both rates and credit spreads are moving." JEPI, which invests in large-cap stocks and equity-linked notes to generate income, pulled in $2.8 billion in the quarter. JPMorgan's second-largest fund, the $29.9 billion JPMorgan Ultra-Short Income ETF (JPST), pulled in $3.4 billion, while the $22.8 billion JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) took in $4 billion. Source: fund flows data CEO Jamie Dimon struck a cautious tone in the company's earnings release, as the global economy confronts 'considerable turbulence (including geopolitics).' He enumerated economic positives like tax reform and deregulation alongside 'potential negatives of tariffs and 'trade wars,' ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility.' 'As always, we hope for the best but prepare the firm for a wide range of scenarios.'Permalink | © Copyright 2025 All rights reserved
