Asset Management

European passive funds get a lift

Allocations to passive funds by European retail investors are rising at unprecedented speed, as regulators cramp the style of active managers.

The rapid growth of passive funds is bad news for active managers
The rapid growth of passive funds is bad news for active managers Photo: iStock

Allocations to passive funds by European retail investors are rising at unprecedented speed, as regulators cramp the style of active managers.

According to the survey of around 1,000 fund selectors by Fund Buyer Focus, published on March 21, passive weightings across Europe have risen by an eighth to 19.6%.

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