This week, Robeco prepared to launch five actively managed equity strategies in its initial push into the European market.
The five strategies cover global, US, European and EM exposures plus a "dynamic theme machine" ETF.
At the same time, Jupiter Asset Management is fast approaching its entry into the European ETF market with the pending launch of an actively managed global government bond ETF.
The firm has filed for regulatory approval with the Central Bank of Ireland for the Jupiter Global Government Bond Active UCITS ETF, which is to be launched through white-label issuer HANetf.
The move aligns with the growing popularity of active ETFs in Europe, which saw $6.8bn in inflows, boosting assets by 25% year-to-date as of July 2024.
New entrants coming to the European market with active strategies neatly align with fund selectors desires for further product development in the active fixed income ETF space.
Disruption in the space recently came from Fair Oaks Capital, launching Europe’s first collateralised loan obligation ETF. Fund selectors said they were fund selectors are already “keen to investigate” the specialist exposure.
SDR ESG fund naming rules loom
Nearly half of the 1,213 UK funds affected by the Financial Conduct Authority’s (FCA) Sustainable Disclosure Requirements (SDR) naming rules are ETFs, according to FE fundinfo research.
These rules mandate that funds with ESG or sustainable labels must invest at least 70% of assets in sustainable investments.
Comparatively, only 21% of impacted ESG funds in the EU are ETFs. For example, out of 1600 EU ESG funds impacted by the new rules, just 21% (354) are ETFs and index funds, according to Morningstar Sustainalytics research.
Invesco unveils Europe’s first MSCI World equal weight ETF
Invesco has launched Europe’s first MSCI World Equal Weight ETF, marking the asset manager’s third equal weighted strategy in UCITS format.
The Invesco MSCI World Equal Weight UCITS ETF offers exposure to over 1,400 large and mid-cap stocks from 24 developed markets. Unlike the standard MSCI World index, which has a high concentration in top holdings, this ETF reduces single-company risk and provides broader geographic diversification.
