JPMAM grabs Bryon Lake as global head of ETFs

HandshakeJP Morgan Asset Management (JPMAM) has scored a coup in hiring Invesco’s Bryon Lake to head up its international ETF business. Lake was previously head of Invesco’s Powershares business in Europe, the Middle East and Africa and ran many successful smart beta strategies, including its high dividend, low volatility Ucits ETF. He will be based in London and according to JPMAM will be responsible for driving the firm’s international ETF expansion beyond its existing range in the US. Lake is to partner with other parts of the business, including distribution, client service and investment teams to identify opportunities for ETF products in Europe and Asia. Michael Camacho, global head of beta strategies at JPMAM, said the firm’s intention is to build a global beta strategies business with various ETF capabilities, including smart beta, to serve its clients globally. “As one of the industry’s most accomplished ETF executives, Bryon brings impressive leadership and momentum to the team,” said Camacho. JPMAM’s existing ETF platform has 11 different products with combined assets under management of $1.4 billion (€1.3 billion) in the US. ©2017 funds europe

Sponsored Profiles

SPONSORED FEATURE: Alternative thinking

Mar 16, 2017

Portfolio Manager Davide Cataldo discusses the results of the Pioneer Investments’ survey on liquid alternatives and how investors can be encouraged to increase their allocation.

SPONSORED FEATURE: Interest rate risk hedging: Swapping to other options

Mar 16, 2017

Heightened margin requirements for cleared and uncleared OTC derivatives pose a challenge for legitimate hedging activities and are driving financial institutions to explore alternative hedging...

SPONSORED FEATURE: Why blockchain could be the fund industry’s next Ford Model T

Mar 16, 2017

Blockchain aims to radically change the way investors can access funds, says Olivier Portenseigne, Managing Director and Chief Commercial Officer of Fundsquare.

SPONSORED FEATURE: Open architecture: In need of protection

Mar 16, 2017

Greater efficiency must be embraced to ensure regulatory changes do not destroy choice for fund buyers, says Bernard Tancré of Clearstream.

Executive Interviews

INTERVIEW: Finding managers that can (and do)

Apr 18, 2017

Fabrice Kremer, a fund selector at Banque de Luxembourg Investments, has berated fundamental managers for failing to beat indices, but he remains committed to active funds. He speaks to Nick...

JERSEY INTERVIEW: ‘A steady sort of place’

Mar 21, 2017

The chief executive of Jersey Finance is keen to portray the island as a stable, trustworthy jurisdiction. He talks to George Mitton.


ROUNDTABLE: The issue is perception

Mar 21, 2017

Our panel discuss tax transparency, the elegance of private placement and why Jersey could do more to promote itself. Chaired by Tom Cowsill in Saint Helier.


Mar 07, 2017

Funds Europe speaks to leading Luxembourg industry figures about the growing regulatory demands on asset servicers and how to remain profitable in spite of major investments in technology.