Julie Abbett of JPMorgan - ETFs Keep Growing, But There’s a Lot More to Learn About Them

Orion's The Weighing Machine

Today, Rusty and Robyn are joined by Julie Abbett, Head of Americas ETF Sales for Equity and Credit at JPMorgan. Julie focuses on the J.P. Morgan’s ETF execution sales model through strategic partnerships within the ETF market. Julie joined J.P. Morgan from Deutsche Bank where she headed up the ETF execution Sales effort covering the RIAs, ETF Portfolio Managers, and traditional asset manager clients. Prior to Deutsche Bank, Julie was Senior Vice President and Head of Portfolio Management at IndexIQ managing a suite of liquid alternative exchange traded funds. Before IndexIQ, Julie was a Quantitative Equity Portfolio Manager at Deutsche Asset Management (DeAM)/DB Advisors for over 9 years.

Key Takeaways

• [02:55] - Learn more about Julie’s professional background and her role at JPMorgan.
• [04:42] - What other factors are affecting ETF flows?
• [05:49] - Might Active ETFs eventually challenge traditional Mutual Funds, or even Passive ETFs, in terms of popularity and performance?
• [07:08] - What shifts is Julie seeing in client demand for ETFs? What are the differences between the preferences for institutional vs. retail investors?
• [08:52] - How does JPMorgan approach Fixed Income ETFs and how do they view the future for Bond ETFs?
• [10:27] - What can we do to better help educate end investors about newer and more complex products?
• [12:08] - Words of advice for those hoping to enter the ETF industry, or the financial industry more broadly.
• [13:02] - What is currently Julie’s favorite investment idea?
• [13:46] - How does Julie maintain her health, both physically and mentally, while working at a trading desk?

Quote

[05:03] - “The other really large source for ETFs, and I’m sure you’ve talked about this too, has been the wide adoption of Active ETFs. Active Funds, depending on the time frame, have received 25-30% of all ETF flows, which is an outsized percent, especially relative to the current percentage of ETF AUM…These flows include both new net in flows, as well as out flows that are coming out of Mutual Funds and into ETFs.” ~ Julie Abbett

Links

• Julie Abbett on LinkedIn
• JPMorgan
• “Welcome to the Jungle” by Guns N’ Roses

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