Macroeconomic pressures will continue to weigh on the European ETF market in 2024, with these conditions likely a “key determinant” for how the market performs, as diverging monetary policy pairs with an “uneven global recovery”, argued Monika Dutt, director of passive strategies at Morningstar.
European ETF market hits record $1.72trn
Much of this volatility across markets and macroeconomics has been endured over 2023, which is likely to lead to caution from experts over the coming 12 months, according to Brett Pybus, global co-head of iShares fixed income ETFs at BlackRock.
“Mark…
