New York-based J.P. Morgan Asset Management has launched its first “higher-active” global equity ETF (ticker: JGLE), which combines quantitative signals with fundamental research.
It has also launched its first actively managed global ex-US equity Ucits ETF (JXUS).
JGLE provides investors with access to a higher-active global equity ETF, designed to take more active risk versus its benchmark through a more concentrated, high-conviction portfolio.
The strategy seeks consistent alpha across market environments by fusing proprietary quantitative signals with deep fundamental research. The portfolio is intentionally more concentrated, with higher tracking error, and is built through a disciplined process focused on bottom-up stock selection and portfolio construction.
The ETF is managed by Philippa Clough, Callum Abbott, and Erna Ceka. Classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR), JGLE has a total expense ratio of 47 basis points and is benchmarked to the MSCI ACWI Index.
JXUS offers investors access to global equities outside of the United States, designed to help clients capitalise on shifting investor preferences as market leadership broadens and portfolios diversify beyond US exposures. The Global ex-US REI strategy seeks long-term capital appreciation through a research-enhanced, index-like approach that incorporates stock-specific insights while remaining sector, region and style neutral, with risk management designed to keep volatility in line with the MSCI World ex USA Index.
The strategy is managed by Piera Elisa Grassi, Head of Global and International REI, together with portfolio managers Winnie Cheung, Nicholas Farserotu and Sebastian Wiseman. JXUS is classified as Article 8 under the SFDR and has a total expense ratio of 25 basis points.
“Investors are rethinking how they build global equity allocations, including how they diversify beyond US exposures and how they balance the pursuit of alpha with tighter risk control,” said Travis Spence, Global Head of ETFs at J.P. Morgan Asset Management. “JGLE and JXUS are designed as practical core building blocks within a portfolio, and they draw on more than 30 years of active equity investment experience.”
“The ETF wrapper adds flexibility through liquidity and transparency, and it can make implementation simpler for clients,” continued Spence. “By expanding our active ETF range with two distinct approaches, we are giving clients more choice in how they express global equity views and build resilient portfolios over time.”
