Bryon Lake, a managing director and global head of ETF solutions at J.P. Morgan Asset Management, is leaving after seven years at JPMAM, a spokesperson there confirmed.
Prior to moving to the U.S. in 2021 to assume his current role, Lake was based in London where he headed JPMAM’s international ETF business.
“Bryon Lake has informed us of his intention to leave the firm, and we wish him well in future endeavors,” the spokesperson said.
She declined to comment further regarding Lake’s departure.
JPMAM, the asset management business of J.P. Morgan Chase, has $169 billion in ETF assets globally across 98 vehicles, the spokesperson said. The global ETF business is overseen by Jed Laskowitz, chief investment officer and global head of asset management solutions at JPMAM.
JPMAM “quickly climbed the ETF league table in the last few years by embracing actively managed products,” said Todd Rosenbluth, head of research at TMX VettaFi, a data and analytics provider.
“They brought some of their best managers into the ETF market to meet advisors in a format they want to invest,” Rosenbluth said. “In addition to covered call products they had success with traditional active equity and fixed income.”
As of March 31, JPMAM had $3.2 trillion in total assets under management.