The US investment bank has seen its Mozaic proprietary index gaining momentum in the Asia-Pacific market.

The J.P. Morgan 4% VT Mozaic XRP 1% Decrement Index is gaining traction via principal-protected notes and warrants in Asia. The US bank has been pitching its J.P. Morgan 4% VT Mozaic XRP 1% Decrement Index (JMAB392E) which has become a flagship quantitative investment strategy (QIS) by execution volume at the US bank, to Asian investors this year. The multi-asset underlier index, which essentially adds an overlay of 1% synthetic dividend markdown to the J.P. Morgan Mozaic XRP Index (JMAB390E),

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