The dawn of a new era of ETFs in Europe is upon us. The lines between active management and passive investing are becoming increasingly blurred and traditional active fund houses are looking to gain a market share in Europe’s budding ETF market.
The trend has been established in the US for some years, with active ETF assets under management (AUM) standing at over $340bn at the end of 2022, according to the New York Stock Exchange (NYSE), roughly 5% of the entire US ETF market...
This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.