A $1.5 Trillion Milestone Looms in Second-Biggest ETF Market
- Forecasts for growth of industry in Europe look ‘conservative’
- Strong demand is expected for ESG investing and saving plans
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The first $500 billion in assets took the European ETF market about 16 years to grow. The second $500 billion took more than three years. Eighteen months later, the next milestone is already in sight.
A deluge of inflows has swelled assets in the region’s exchange-traded product industry to $1.475 trillion, according to data compiled by Bloomberg.