JPM Morgan’s Paul Quinsee, Byron Lake reconfirm with Tom Lydon how ETFs will grow to $30 Trillion https://www.bloomberg.com/news/sponsors/jp-morgan/welcome-to-the-new-age/?adv=15844&prx_t=f0gEAYE8uAVUANA Nove26, 2018mber
Key Bullets:
- Byron Lake, there has never been a time since 1993 where ETFs globally have not doubled. Now at $5 Trillion, ETF Assets could double to $10 Trillion by 2023 and then reach $28 Trillion by 2028 so getting to $30 Trillion by 2030 is achievable.
- ETFs are a transformable technology that provides access to markets. Growth will come in the form of fixed income strategies and active strategies.
- Active strategies are 4X larger than passive strategies – institutions want active and ETFs are the transferring technology that will allow them to access differentiated strategies
John Paul Quinsee is Global Head of Equities for J.P. Morgan Asset Management
Byron Lake is Managing Director of International ETFs at J.P. Morgan Asset Management
Tom Lydon, Founder of ETF Trends
Source: Full transcript https://www.bloomberg.com/news/sponsors/jp-morgan/welcome-to-the-new-age/?adv=15844&prx_t=f0gEAYE8uAVUANA%20Nove26,%202018mber
