06:52 AM EDT, 03/12/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) Strategic Indices quantitative investing unit has built a $100 billion derivatives-powered trading book that offers hedge fund-like investing at a lower cost to investors, Bloomberg reported Wednesday, citing a company official.

The underlying value associated with such trades has increased by an annual average of 15% over the last four years at the unit, the report said.

"We want to continue finding new market opportunities and help our clients get exposure to many more of those markets which frankly can be more challenging to access," Bloomberg cited Arnaud Jobert, JPMorgan's ( JPM ) co-head of global strategic indices, as saying.

JPMorgan ( JPM ) did not immediately reply to MT Newswires' request for comment.

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