European ETF savings plans are forecasted to increase from 7.6 million in 2023 to 32 million by 2028, according to a new study by iShares by BlackRock.
The research, titled ‘The ETF Savings Plan Market in Continental Europe’, highlights the growing appeal of these plans among European investors.
The report noted the expansion of the extraETF study to include Continental European nations such as Austria, France, Italy and Spain, reflecting the rise in providers in these regions.
By the end of 2028, private European investors are expected to invest up to €64.3 billion annually in ETF savings plans, a substantial increase from €15 billion as of September 2023.
German investors, based on extraETF’s analysis, save an average of €164 in ETFs, while the rest of Continental Europe averages a slightly higher rate at €175.
This upward trend has continued since 2021 despite challenges like market volatility and increased interest rates.
Additionally, extraETF forecasts that by 2028, 10.7 million savings plans are expected to be executed monthly across Europe, outside Germany, accounting for one-third of forecast executions – up from 500,000 today (7%). It said that the emergence of commission-free brokerage platforms had accelerated this growth and made investing more accessible.
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