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Fidelity International bets on retirement and active ETFs for growth

FinanceInternationalFunds Society40 s readAI summary
Image: Funds Society

Samantha Ricciardi, Head of EMEA at Fidelity International, outlined the industry's trends at the firm's European Media Summit in London: the need for citizens to take greater responsibility for their financial future, the rise of advice and the growth of ETFs, especially actively managed ones. She warned that public pension accounts "simply don't add up" and cited Germany's Altersvorsorgedepot model as an example to mobilise the 13 trillion euros in deposits held by Europeans.

In 40 seconds

  • Ricciardi said "we are not going to have enough money to retire" and called for greater individual financial responsibility
  • She pointed to the rise of advice: clients seek solutions for specific goals rather than opinions on products
  • Active ETFs grew from 800 billion to 2 trillion and are projected to reach 4 trillion by 2030
Read the full story at Funds Society

IASummary generated by artificial intelligence from a story by Funds Society. It may contain errors: the original source prevails.

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