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Goldman Sachs Asset Management aims to become a “pioneering provider” of the active Exchange of money In Europe as boxes of boxes including JPMorgan, Schrooders and Jupiter are preparing to expand in the market.

Hillary Lopez, head of the third -party wealth in the asset management in Goldman Sachs, said there is “great interest and request” from wealth managers and private banks to obtain investment funds circulating in Europe.

“We have invested greatly in our ETF resources in this region,” she added, noting that GSAM is planning to launch another group of active traded investment funds in the coming months. “We see a great opportunity in active traded investment funds. Our goal is to be an active pioneering provider in ETF in Europe.”

Trading shares in investment funds traded on stock exchanges, which means that investors can reach live prices throughout the day. Traded investment funds usually follow an index, such as FTSE 100 or S&P 500, up or down.

They have increased popularity over the past decade, partly due to their low fees. Blackrock and Vanguard led these drawings, with the growth of the ETF market in the world to 13.8 tennis.

But the so -called active ETF qualifiers try to overcome the indicator, because the fund managers are able to choose some stocks or bonds and exclude others.

They are the first days in Europe, but what we noticed last year was record flows in this region. We can easily see these flows double over the next two years

Last week, Jupiter entered the active ETF market, while Schrooders revealed on Friday that it provided the offering of investment funds circulating throughout Europe.

Lopez said: “What I know from the participation of our customers is a great interest and a request in the active traded investment funds,” said Lopez.

“It is the first days in Europe, but what we noticed in the past year was record flows in this region. We can easily see these flows double over the next two years.” Sources said that many of these active investment funds will also be available on investment sites, such as Hargreaves Lansdown.

However, the European market is small, with about $ 50 billion in assets under management.

Analysts are questioning the benefits provided by the active trading investment funds for investors and noticed that the product is another way to money groups to re -fill in traditional investment funds, many of which suffered from clients withdrawal.

“The increase in investment funds circulating in the active traded investment funds seem more than fear of being lost more than any distinctive feature of the ETF structure, while the benefits of investors are still modest,” said Kenneth Lamont, Director of Morningstar.

“For many asset managers, active traded investment funds provide a way to take advantage of internal expertise or re -fill out current strategies to attract new investors through new distribution channels.”

Lamont noted that the European active ETF market is still less than 0.5 percent of the wider European funds market.

He added: “In the United States, the partially active investment funds have flourished due to its tax advantages on traditional investment funds – a benefit that does not extend to Europe.”

“The risk is that if you sit there and do nothing, the investment funds circulated in the assets that they keep in traditional funds will continue,” said Matthew Paisley, CEO of Jupiter. The Financial Times.

Traditional investment funds have lost money in front of the traded investment funds, as investors have chosen low -cost products. According to Calastone, retail investors withdrew two million pounds from investment funds in the United Kingdom in January.

Asset managers remain optimistic and concern more resources for growth in the active ETF space. Research conducted by Yanos Henderson indicates that the active ETF market in Europe may grow to more than one dollar by 2030.

Europe Lake, the chief transformation official of Goldman Sachs Asset Management.

According to Morningstar, flows to European active investment funds amounted to €7.3 billion in the past few months of 2024, compared to about €70 billion for traditional traditional investment funds.