Europe ETP News for the Past 30 days
you are currently viewing::EU funds continue to reduce costs-at low and varying paceJanuary 14, 2025--The European Securities and Markets Authority (ESMA), the EU financial markets regulator and supervisor, today publishes its seventh market report on the costs and performance of EU retail investment products, showing a decline in the costs of investing in key financial products. Despite this decline the cost levels of funds in the EU remain high by international standards. With more than 50,000 funds and an average fund size almost 10 times smaller than that of for example US mutual funds, EU funds do not exhaust the economies of scale commensurate with the EU’s single market. The market inefficiencies revealed by this higher cost level shows the need to focus on the competitiveness of EU markets, within a future Savings and Investments Union. The key findings in the report are: UCITS costs decline gradually, from high levels: Costs have declined, but investors should continue to consider fund fees carefully in their investment decisions-especially since costs have not dropped for all categories of funds: ongoing costs of mixed funds and equity passive funds have been relatively stable over time. Source: esma.europa.eu |
Goldman Sachs targets leading role in active ETFs in Europe
February 14, 2025-Competition heats up as other fund groups are poised to expand product ranges
Goldman Sachs Asset Management is aiming to become a "leading provider" of active exchange traded funds in Europe as fund groups including JPMorgan, Schroders and Jupiter prepare to expand across the market.
New on Xetra: two equity ETFs from Xtrackers with access to the Scandinavian equity market and developed countries worldwide excluding the US
February 14, 2025-Since Friday, two new exchange-traded funds issued by Xtrackers have been tradable on Xetra and Börse Frankfurt.
With the Xtrackers MSCI Nordic UCITS ETF, investors gain access to the Scandinavian stock market. The fund invests in large and medium-sized companies based in Denmark, Finland, Norway and Sweden, each representing around 85 per cent of the market capitalisation of each country.