JP MORGAN CHASE(US:JPM) 智通财经网·2025-10-14 03:24Core Viewpoint - JPMorgan Asset Management aims to double its assets under management in the Asia-Pacific region to $600 billion within five years, driven by growth in active exchange-traded funds (ETFs) and new market opportunities [1] Group 1: Business Expansion Goals - The company’s long-term goal is to expand its Asia-Pacific business to $1 trillion [1] - As of the end of 2024, the company manages $302 billion in the region, more than doubling from 2019 levels [1] Group 2: Market Opportunities - The growth is attributed to increasing demand for active ETFs, with the company launching its first such product in Taiwan in September, allowing investors to invest in U.S. tech companies [1] - The company sees significant growth momentum and potential in markets such as Australia, Singapore, Southeast Asia, and South Korea [1] Group 3: Financial Management and Assets - As of March, the company has a total of $3.7 trillion in assets under management globally [2] - Recent expansions include establishing wholly-owned subsidiaries in Australia and mainland China, with Hong Kong serving as the regional headquarters [2]