J.P. Morgan Asset Management had assets under management of $1.4 trillion as of Dec. 31, up 1.3% from the prior quarter and a 7% increase from a year earlier, according to parent company J.P. Morgan Chase's fourth-quarter earnings report Wednesday.
Net inflows for the quarter were $32 billion — $24 billion to liquidity strategies and $8 billion to long-term fixed income, equity and alternatives strategies. For the year, net inflows totaled $17 billion, with inflows of $60 billion to long-term strategies partially offset by net outflows of $43 billion from liquidity strategies.