Markets

Ireland’s share of exchange-traded fund market ‘to rise above $3 trillion’ by 2030

The state’s share of the European market currently stands at 70 per cent

The European ETF fund market is set to surge off the back of Ireland’s continued success in the market

A new report from EY has predicted a major lift in Ireland’s exchange-traded fund (ETF) market by 2030.

Seventy per cent of European ETFs are currently domiciled here. This is set to grow, according to the report, exceeding $3 trillion (€2.7 trillion) in value by 2030. Last year, the European ETF market grew by a record 28 per cent to $1.8 trillion.

Lisa Kealy of EY said the year was a “stellar” one for the ...