JPMorgan Converts $1.6bn Paris-Aligned Fund Into Active ETF

JPMorgan Asset Management has expanded its European active ETF lineup by merging the $1.6 billion JPM Global Research Enhanced Index Equity Paris Aligned mutual fund into the newly launched JPM All Country Research Enhanced Index Equity Paris Aligned Active UCITS ETF (JPAW). The ETF combines JPMorgan’s research-enhanced stock selection process with a Paris-aligned ESG framework and carries a 0.25% expense ratio. The move marks the firm’s second mutual fund-to-ETF conversion in Europe, reflecting growing demand for ETF structures and the potential for stronger asset growth and lower costs.