JP Morgan’s Global Head of ETF Solutions Bryon Lake Announces Departure

JP Morgan Asset Management experiences a significant transition as Bryon Lake, the Global Head of ETF Solutions, announces his departure from the firm after seven years of service. Lake's tenure at JP Morgan has been marked by notable achievements, including spearheading the firm's rapid ETF growth and pioneering initiatives in the active ETF space.

Transition Details and Interim Leadership

Lake's departure from JP Morgan prompts the firm to appoint interim leadership for its ETF business. While his successor has not been named, Jed Laskowitz, JP Morgan Asset Management's current Chief Investment Officer and Global Head of Asset Management Solutions, will oversee the ETF business on an interim basis. Laskowitz, credited with launching JPM's ETF efforts in 2014, brings extensive experience and expertise to the interim role.

Lake's Contributions

During his tenure, Lake played a pivotal role in establishing JP Morgan's international ETF business, contributing to the firm's impressive growth in ETF assets under management (AUM). His leadership and strategic vision have been instrumental in positioning JP Morgan as a key player in the ETF market, with 98 ETFs and $169 billion in AUM.

Lake's departure marks the end of an era characterized by significant advancements in JP Morgan's ETF offerings and market presence. His contributions to the firm's success, particularly in expanding its active ETF lineup, have earned him recognition as a driving force behind JP Morgan's ETF growth trajectory.

Future Outlook

Despite Lake's departure, JP Morgan remains committed to innovation and growth in the ETF space. Recent hires, such as former Global X CIO Jon Maier as Chief ETF Strategist, underscore the firm's dedication to advancing its ETF capabilities and providing enhanced insights into the ETF market through initiatives like the ETF Insights program.