JP Morgan Asset Management (JPMAM) has appointed Travis Spence as global head of ETFs with immediate effect.
Based in London and reporting to CIO and global head of asset management solutions Jed Laskowitz, Spence (pictured) will lead ETF product development, capital markets, the firm’s newly formed ETF insights division and continue to head ETF distribution across EMEA.
The move comes after JPMAM extended its lead in Europe’s nascent active ETF market since Spence was appointed head of EMEA ETF distribution in March 2023.
By the end of H1 this year, the firm claimed $21.6bn of the $44.3bn housed in active ETFs in Europe, booking $5.7bn inflows during the first half of the year.
Across two decades at JPMAM, Spence has operated across a number of leadership positions including managing director of fixed income, currencies and commodities, as well as head of strategic communications and liquidity for the firm’s APAC business.
Laskowitz commented: “We are committed to revolutionizing the landscape by providing the highest quality active ETFs in the industry.
“Under Travis’s leadership, we are confident that our ETF franchise will continue to innovate and help our clients achieve their goals.”
Spence added: “Our ETF franchise will continue to be anchored by our deep fundamental and quantitative research, active management, and risk management capabilities — supported by the deep expertise of our ETF specialists, product development, capital markets and strong client relationships across every region.”
Spence’s promotion follows the departure of former global ETF head Bryon Lake for Goldman Sachs Asset Management (GSAM) in May, after former GSAM ETF head Mike Crinieri left the firm earlier this year.
