J.P. Morgan Brings Active ETFs to Brazil Through the Back Door

Key Points — J.P. Morgan Asset Management is launching BDRs of its flagship JEPI fund in Brazil — effectively bringing the world’s largest actively managed ETF ($44 billion in assets) to local investors while regulators still ban active ETFs outright. — JEPI combines S&P 500 stocks with options strategies to deliver annual income of 7 […]