JP Morgan Asset Management aims to reach $1 trillion in exchange-traded funds, especially in active strategies. The American bank manager started relatively late in the sale of ETFs and now has 113 listed funds, with assets of $164 billion.

The CEO of JP Morgan AM also highlighted the commitment to technology. “It is the biggest challenge facing the industry. We already have 150 engineers,” said George Gatch, CEO of the firm, last week during the annual media event held in London.