JPMorgan Chase & Co. has a pair of initiatives designed to strengthen its position in the asset management market.

The $1.6 trillion-asset New York company said Tuesday that it would hire 300 employees over the next five years to expand its fund services operations in Boston; and it started offering its Chase Strategic Portfolio, an advisory program for retail banking customers, through its bank branch network.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.