March 15, 2025

J.P. Morgan Asset Management

Funds

J.P. Morgan Asset Management Announces Liquidation of Two Exchange-Traded Funds

Funds are expected to liquidate in Fall 2024 NEW YORK, Aug. 29, 2024 /PRNewswire/ — J.P. Morgan Asset Management today announced the upcoming liquidation and dissolution of two exchange-traded funds: JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF (BBIP) and JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) (collectively, the “Funds”). Shareholders may buy and

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Investment

GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth, a Chicago-based turnkey asset management platform (TAMP) and FinTech innovator, has successfully closed an $18m funding round. The $18m growth investment was spearheaded by BlackRock, the renowned global investment management. This funding initiative also saw participation from Kayne Anderson Growth Capital, a prominent growth capital investor from GeoWealth’s Series B round in 2021, and

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Property

Acadia Sells Queens Retail Property to JPMorgan for Roughly $50M – Commercial Observer

Acadia Realty Trust is offloading The Shops at Grand Avenue for roughly $50 million, Commercial Observer has learned.  J.P. Morgan Asset Management is the buyer of the almost 100,000-square-foot retail property at 74-25 Grand Avenue in Maspeth Queens, roughly five miles from the Queens-Midtown Tunnel entrance, sources said.  SEE ALSO: SoCal Apartment Complex Trades Hands

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