J.P. Morgan & Co. and Dai-Ichi Kangyo Bank Ltd. have set up a joint venture company to sell investment products in Japan.

Dai-Ichi Kangyo J.P. Morgan Investment Management Co., formed last week, will begin offering cobranded investment trusts in this quarter, said George C.W. Gatch, president and chief executive officer of the new company. Two thousand Dai-Ichi salespeople are trained to sell the trusts, he said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.