The growth of the European active ETF market continues. This time, Schroders joins other asset managers and takes a further step by registering such a vehicle in Ireland.
It is worth noting that the firm already operates with active ETFs in the U.S. and Australia, and now aims to bring its expertise to the European market.
As explained, this active ETF has been launched as an Irish collective asset management vehicle under the Irish Collective Asset-Management Vehicles Act of 2015.
Regarding the registration of the new active ETF, Schroders states, “As the industry evolves and the range of fund structures expands, we constantly review what our clients demand and which structures are most effective for managing their investments. With the growth of the active ETF market across Europe, we are assessing where offering these new fund structures can add value for our clients.”