(Reuters) - JPMorgan Chase & Co said on Wednesday its asset management division had hired Jon Maier, the former chief investment officer of Global X, to head a new global research effort focusing on exchange-traded funds (ETFs).

Assets at J.P. Morgan Asset management's ETF division stood at $8.43 trillion at the end of 2023, having grown from $2.02 trillion in 2014 when the bank entered the ETF business, according to TrackInsight.