JP Morgan Creates New Managed Account Unit in Reorg

J.P. Morgan Asset Management has brought its separately managed account and model portfolio teams under one roof to better meet increased demand for tax management and customization capabilities. Asset managers have been trying to differentiate their offerings by offering direct indexing, tax management and customization capabilities in SMAs and model portfolios. Some managers have been streamlining their business structures around these offerings as a result, said Craig Kilgallen, a relationship manager at FUSE Research.

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Article published on March 13, 2023