Deutsche Börse has partnered with J.P. Morgan Asset Management to utilise its exchange traded fund (ETF) issuer.
ETFs issued by J.P. Morgan Asset Management are now tradable on Xetra and the Börse Frankfurt venue for the first time.
Xetra give customers central access to all cash market services concerning listing, trading and clearing.
At the start of trading, the product range comprises two bond index ETFs and three active ETFs, which enable investments in selected alternative beta strategies.
The two bond index ETFs enable investors to participate in the performance of euro-denominated government bonds from the euro zone and US dollar-denominated bonds issued in various emerging markets.
The three new active ETFs provide investors with access to active investment strategies with equities, bonds and futures.
Martin Reck, cash market managing director at Deutsche Börse, said: “The J.P. Morgan Asset Management ETFs are an interesting addition to our product range, and serve to underscore the attractiveness of Deutsche Börse as a leading listing and trading platform in the European ETF market.”
Christoph Bergweiler, head of Germany, Austria, Central and Eastern Europe and Greece at J.P. Morgan Asset Management, commented: “We are pleased to be partnering with Deutsche Börse as we launch into the German market for the first time with our initial European ETF offering.”
He added: “We feel it’s important to bring this added level of choice to our clients at a time when the need to build stronger investment portfolios is as important as ever. German investors will now be able to invest in the established and recognised investment expertise of J.P. Morgan Asset Management within the ETF wrapper.”
