JPMorgan Asset Management surpasses Dimensional Fund Advisors as the largest active ETF manager in the US, with $256 billion in assets. It launched seven new active funds last year, dominating the fixed-income segment. Some advisors prefer Dimensional’s lower costs, but JPMorgan’s global expansion may secure its lead.

Capital Group ranks third in active ETF assets with $111 billion, followed by American Century at $105 billion and First Trust at $102 billion. Dimensional and JPMorgan did not comment on the shift in leadership. JPMorgan’s global presence and success in Europe contribute to its growth.

The European active ETF industry is projected to reach $1 trillion by 2030, with JPMorgan leading the charge. Managers are considering expanding into Europe following JPMorgan’s success. This post was originally published on The Daily Upside, offering financial advisor news and market insights. Subscribe to the free Advisor Upside newsletter for more updates.

Read more at Yahoo Finance: JPMorgan Topples Dimensional for Active ETF Crown