The company managed US$302 billion in the region at the end of 2024, according to its financial filing. That is more than double from 2019 levels, when Watkins first came to the region, he said.
JPMorgan Asset Management wants to double its Asia-Pacific assets under management to US$600 billion in five years, as the firm sees growth in active exchange-traded funds and new markets in the region.
“Our ambition is to double our APAC business again over the next five years. And our long-term goal is to grow this to a US$1 trillion business,” Dan Watkins, chief executive officer for Asia Pacific, said at a conference in Seoul on Tuesday.
