Passive investment vehicles in the UK, including exchange traded funds (ETFs), are set to benefit from a key regulatory report released by the country’s financial regulator last week.
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FCA
Moody’s: Passives in US will overtake active funds by 2024
February 6, 2017Moody’s has published a report forecasting that passive funds will surpass 50% of the investment market in the US by 2024 at the latest, given the growth trends in this area of the market and the outflows from active funds. The agency foresees a similar growth pattern in other areas of the world, too, albeit from a lower starting point.