JP ##delity 's European exchange - traded funds ( ETF ) unit has raised more than double the total of its competitor hp International , a year after both US - based companies entered the European ETF market . JP Morgan has raised $ 220 m across nine products , while Fidelity has raised $ 219 m across its product range . Unlike partners , JP Morgan has a dedicated ETF sales team , having made 20 acquisitions in the past year . Peter Sleep , of Seven Investment Management , said this had given JP Morgan the edge over its competitors .
JP Morgan's European exchange-traded funds (ETF) unit has raised more than double the amount of its competitor Fidelity International, a year after both US-based companies entered the European ETF market. JP Morgan has raised $500m across nine products, while Fidelity has raised $219m across its product range. Unlike Fidelity, JP Morgan has a dedicated ETF sales team, having made 20 appointments in the past year. Peter Sleep, of Seven Investment Management, said this had given JP Morgan the edge over its rival.