The findings follows a wave of buy-side firms that have expanded into private markets in response to increasing pressure on performance and fees.
Tag: Asset managers
The move is the first by JP Morgan since the restructure to the securities services business earlier this year.
New public mutual fund launches in China totalled $163 billion (RMB 1.07 trillion) in the first quarter of the year.
A new study from BNY Mellon of 200 asset managers found an overwhelming 97% plan to outsource their data management infrastructure.
The custodian said the Fund Connect ETF platform will now be open to support all ETF issuers regardless of their service provider.
Brown Brothers Harriman is working with Guinness Atkinson Asset Management for the first conversion of two mutual funds to become active ETFs.
The French asset manager giant said its new Amundi Technology line will become a new growth driver, with a predicted revenue of €150 million within five years.