JPMorgan expects the size of the US ETF industry to soar by 450 trillion in the next five years (Reuters file photo)

[Financial Channel/Comprehensive Report] According to data from JPMorgan Asset Management, the record growth of U.S. exchange index stock funds (ETFs) will lift the industry's assets from the current roughly US$7 trillion (about NT$210 trillion) Increase to US$15 trillion (approximately NT$450 trillion) in 2028.

Sina reported that Bryon Lake, global head of ETF solutions at JP Morgan Asset Management, said in an interview at the ETF Exchange Conference held in Miami, Florida, that I think we (the ETF industry) are just at the point where The starting point for substantial growth.

I think the ETF industry will more than double to $15 trillion in 5 years from now.

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Despite the worst returns in decades for U.S. stocks and bonds last year, 430 new funds were launched, narrowly eclipsing 2021's record of 459 new funds.

Actively managed ETFs have become popular in recent years, and the JPMorgan Chase Equity Premium Income ETF (JEPI) has been a beneficiary of this trend. The fund will absorb nearly $13 billion in 2022, surpassing "Wooden Sister" Cathy -Wood's Ark Innovation ETF (ARKK), became the active fund with the most inflows in the year.

Although active ETFs currently represent only about 5% of total ETF assets, Lake believes these strategies will capture more market share in the coming years.

Lake believes that 10% to 20% of them may be active funds. Therefore, the scale of active funds in the next five years may reach a maximum of US$3 trillion.

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