JPMAM launches industry's first actively managed China equities ETF

Tobacco and weapons excluded

JP Morgan Asset Management (JPMAM) has expanded its REI ETF range by launching the industry’s first actively managed China equities ETF.

The new ETF, named JPM China A Research Enhanced Index Equity (ESG) UCITS ETF (JREC), was listed on the London Stock Exchange this morning (21 February). The move represents an expansion of the firm's flagship range of active Research Enhanced Index (REI) Equity (ESG) ETFs. It will be benchmarked against the MSCI China A index. JPMAM to merge two sustainability funds in restructuring plan JREC will be managed by Lina Nassar and Sonal Tanna and have a Total Expense Ratio of 40 basis points. JPMAM head of ETF distribution in EMEA Oliver Paquier said: "Despite being one of the fast...