Active ETFs gain ground across Europe

Over the past two years, the European Active ETFs market has doubled in size, despite making up less than 3% of total ETF assets on the continent. New entrants into the market, such as Avantis, Goldman Sachs and HSBC, have helped to reduce Active ETF fees, although they are still higher than passive options. The number of new ETF launches has hit record highs this year, with closures remaining low; managers of active funds that previously disregarded the ETF wrapper can now take advantage of its popularity. Read Morningstar’s latest research on fixed income and equity active ETFs, and the...