Actives Unlocked - out now!

ETF Stream’s Actives Unlocked 2023 report is out now! This report analyses the dramatic rise of active ETFs over the past 12 months as investors become increasingly comfortable with marrying the benefits of the ETF wrapper with active management.

Competition in the low-cost passive arena is a battle for the incumbents such as BlackRock, DWS, Amundi and Vanguard which have already gathered significant assets tracking indices such as the S&P 500 or MSCI World.

As a result, new asset managers in the European ETF market including AXA Investment Managers and abrdn are targeting active ETFs as a way of differentiating from the competition.

The likes of JP Morgan Asset Management and Fidelity have already stolen a march on their rivals, however, with actives only accounting for 2% of the UCITS ETF market, there is plenty to play for (p.10).

In this issue:

• Asset allocation realities: From armed conflicts to inflation (p.6)
• Active global fixed income exposure in one ETF (p.8)
• New active ETF entrants signal beginning of the end for mutual funds (p.10)
• ETFs at Fidelity: Under the hood (p.12)
• State of the market: Active ETFs (p.14)

Finally, a big thank you to our partners – J.P. Morgan Asset Management and Fidelity International – for their support in producing this report. We hope it provides investors with further concrete understanding of the different trends taking place within active UCITS ETFs.

Access the full report here: https://bit.ly/3sBTxCL