The increase in assets was driven by an increase in hedging activity to cover exposure on structured notes issued.
J.P. Morgan Structured Products B.V. (JPMSPBV) reported a profit before income tax of US$20.2m for the first six months of 2026 as compared to US$20.3m for the same period the previous year. As of 30 June 2026, total assets are US$68 billion compared to US$57.3 billion as at year ended 31 December 2025. The increase in assets was mainly due to an increase in financial assets driven by an increase in hedging activity to cover exposure on structured notes issued. Source: JPMSPBV financial state