New ETFs On The Block: JP Morgan Diversified Return US Equity ETF (JPUS)

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JP Morgan Asset Management, the exchange-traded fund issuing arm of the investment bank JP Morgan, recently joined hands with FTSE Russell to leverage their respective capabilities in investment science and index designing. The outcome was the launch of JP Morgan’s fourth “smart beta” ETF that bolsters the money manager’s offerings in that niche and attempts to exploit the domestic US …