European ETFs closed the fourth quarter of 2020 by passing the €1 trillion milestone, with ESG-focused funds drawing the lion’s share of net inflows.
Jose Garcia-Zarate, associate director of passive strategies
research, explained: “This is a major milestone for an industry that is
only two decades old in Europe and will surely make plenty of headlines
to highlight the growing appeal of low-cost passive investing.”
He highlighted that assets in European ETFs have doubled in the last
five years, adding that the outlook remains positive overall. Moreover,
by the year end of 2020, assets in ESG ETFs amounted to over €90
billion, meaning a “staggering” 137% increase from 2019, Garcia-Zarate
added.
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