From Morningstar: 2024-04-24 10:15:00

Active ETFs account for 2% of total assets in European ETF landscape, representing €33.8 billion in assets among 87 ETFs as of March 31, 2024. Morningstar’s report tracks active ETF proliferation, asset accumulation, and ETF market differences globally. Fees for European active ETFs have steadily declined to 0.28% by March 2024.
ETFs have gained popularity for being low-cost alternatives to active funds. Active ETFs are seeing net positive flows, mainly in equity strategies. JP Morgan and Fidelity have captured the bulk of equity ETF inflows. Fixed income ETFs have seen mixed flows but also experienced strong growth in certain categories.
Multi-asset active ETFs, dominated by a few major players, are viewed as potential disruptors in the investment space. DWS, BlackRock, Vanguard, and Amundi offer diversified, low-cost solutions compared to traditional multi-asset funds. They face competition from local players with commission-based remuneration models.

Overall, active ETFs are on the rise in Europe, experiencing significant growth in assets and popularity due to their low costs and diverse investment strategies across different asset classes. This trend highlights a shift towards passive investment vehicles and a need for active managers to adapt to changing investor preferences in the market.

Read more at Morningstar: Will Active ETFs Take Europe by Storm?