“The introduction of these two new ETFs underscores our ongoing commitment to expanding our suites of active ETFs in core building blocks where we believe our active management can help our clients achieve their portfolio objectives and sustainability preferences,” said Travis Spence, global head of ETFs at JP Morgan Asset Management. Photo: JP Morgan Asset Management

“The introduction of these two new ETFs underscores our ongoing commitment to expanding our suites of active ETFs in core building blocks where we believe our active management can help our clients achieve their portfolio objectives and sustainability preferences,” said Travis Spence, global head of ETFs at JP Morgan Asset Management. Photo: JP Morgan Asset Management

JP Morgan Asset Management on 12 March 2025 announced the launch of two new active exchange-traded funds on the London Stock Exchange, Deutsche Börse Xetra, Borsa Italiana and Six Swiss Exchange.

The two new exchange-traded funds are the JPM Emerging Markets Local Currency Bond Active Ucits ETF (JLOC) and the JPM Global Emerging Markets Research Enhanced Index Equity SRI Paris Aligned Active Ucits ETF (JSEM), explained a press release from JP Morgan Asset Management.

The JLOC ETF, managed by emerging markets local currency managers Didier Lambert, Julien Allard and Ishitaa Sharma, aims to offer offer investors enhanced yield, enhanced return and portfolio diversification to fixed income portfolios, due to the idiosyncratic sources of return in emerging markets local currency bonds. The JSEM ETF, managed by Lina Nassar and Sonal Tanna, aims to actively investing in a portfolio of emerging markets companies, while aligning with the objectives of the Paris climate agreement. “Both the overall benchmark universe and ETF will have at least 50% less greenhouse gas intensity than MSCI Emerging Markets, the parent universe,” says the communiqué.

“The introduction of these two new ETFs underscores our ongoing commitment to expanding our suites of active ETFs in core building blocks where we believe our active management can help our clients achieve their portfolio objectives and sustainability preferences,” commented Travis Spence, global head of ETFs at JP Morgan Asset Management. Spence continued, “We’re excited to introduce JLOC, the first active fixed-income ETF of its kind, designed for investors seeking exposure to local currency emerging market bonds, with the opportunity to generate positive risk adjusted returns through active management.” The JSEM ETF, he added, is designed to help clients meet decarbonisation objectives.

The two exchange-traded funds will be listed on the London Stock Exchange, Deutsche Börse Xetra, Borsa Italiana and Six Swiss Exchange.

JP Morgan Asset Management has $3.6trn of assets under management as of 31 December 2024. The firm offers investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. In Luxembourg, JPMorgan Asset Management (Europe) employed roughly 350 staff members in 2023.

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