JP Morgan’s asset managers celebrated their 17th consecutive quarter of net inflows over the three months to the end of June, as client assets hit $2.2 trillion.
Net profit from the division rose 28% to $500m, from the second quarter in 2012.
Profits surge at JP Morgan Asset Management
The division had its 17th consecutive quarter of net inflows in the three months to the end of June, as client assets hit $2.2 trillion
JP Morgan’s asset managers celebrated their 17th consecutive quarter of net inflows over the three months to the end of June, as client assets hit $2.2 trillion.
Net profit from the division rose 28% to $500m, from the second quarter in 2012.