The European asset management industry: Navigating volatile times
Mckinsey and Company
JULY 9, 2025
This impressive growth has held even in times of high market volatility, albeit at a slightly lower level. In 2016, 2020, and 2022âyears with increased volatilityâthe share of passive AUM in open-ended funds and ETFs increased by 0.9 Active share of AUM drops from 88% in 2016 to 76% in 2024, and total AUM grows from â¬10.1
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