JPMorgan Eclipses Dimensional as World’s Biggest Active ETF Firm

JPMorgan Asset Management has a new superlative: The firm now hails as the world’s largest issuer of actively managed exchange-traded funds.

The bank’s asset management arm currently controls nearly $257 billion in active ETFs worldwide, according to data compiled by Bloomberg. That sum puts it narrowly ahead of Dimensional Fund Advisors, which commands roughly $255 billion in the structure.