Abrdn and JPMorgan transfer to bolster European lively ETF suites | USAEMALL.com

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JPMorgan Asset Management has added two products to its range of active exchange traded funds, while Abrdn has registered two products as it prepares to bolster its nascent offering.

The US asset manager has listed the JPM Euro Aggregate Bond Active Ucits ETF and JPM EUR Government Bond Active Ucits ETF on exchanges in the UK, Germany, Italy and Switzerland.

The aggregate bond ETF seeks to outperform the Bloomberg Euro Aggregate Total Return EUR Unhedged index.

Carrying a total expense ratio of 30 basis points, it builds on the launch of the JPM Global Aggregate Bond Active Ucits ETF in October 2023, the industry’s first Ucits active global aggregate bond ETF.

This article was previously published by Ignites Europe, a title owned by the FT Group.

JPMorgan Asset Management said its broader global aggregate strategy, which first launched in 2009, targeted multiple sources of alpha across the fixed income universe, investing in a diversified portfolio of fixed income securities and sectors, including euro-denominated government bonds, covered bonds, corporate bonds and emerging market debt.

The second launch aims to outperform the Bloomberg Euro Aggregate Treasury Total Return index by actively investing in a portfolio of euro-denominated government and government-related debt securities. The ETF has a TER of 15bp.

Travis Spence, who leads JPMorgan AM’s global ETF business, said the launches increased the company’s suite of active fixed income Ucits ETFs to 13, “underscoring our commitment to providing investors in Europe with innovative solutions that harness the full potential of our global fixed income capabilities”.

“We believe these products will offer investors a compelling opportunity to access active management in the fixed income space, backed by the deep expertise and resources of our team.”

Meanwhile, Abrdn is planning to launch the Abrdn Future Raw Materials Ucits ETF and Abrdn Future Supply Chains Ucits ETF, having received approval for both funds from the Central Bank of Ireland.

The first product will invest in the materials helping to build a smarter, greener world, amid the shift from a fossil fuel intensive economy to a mineral intensive one.

The second ETF targets opportunities presented by the reshaping and reorienting of global supply chains, technologies and energy systems.

The launches will build on the UK asset manager’s first Europe-based ETF, the Abrdn Future Real Estate Ucits ETF, which was listed in London in September last year.

The $12.5mn fund invests in listed real estate investment trusts and equities of companies engaged in real estate-related activities globally.

*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com.