JPMorgan Says EU Reforms Can Draw US Diversification Flows as Inflows Slow in Recent Months
Updated
Updated · The Banker · May 29
JPMorgan Says EU Reforms Can Draw US Diversification Flows as Inflows Slow in Recent Months
3 articles · Updated · The Banker · May 29
Summary
Patrick Thomson, JPMorgan Asset Management’s Emea CEO, said EU capital-market reforms create a “great opportunity” to attract investors seeking to diversify away from the US.
The bank tied that view to the EU’s push to complete its savings and investment union, which Thomson said is moving in the right direction.
Recent months have still seen investment flows into Europe slow, leaving the reforms as a longer-term pitch rather than evidence of an immediate surge.
The call underscores a broader effort by Europe to deepen its capital markets and compete more effectively for global investor money.