Strong growth projections from a recent report published by Moody's forecasting that Passive Investments will make up a quarter of the European Investment Market by 2025 (against 14% market share as it currently stands). 

The large driver appears to be the digitisation of Investment Platforms that is now available to the cost-savvy European Retail Investor against a backdrop of increased regulatory scrutiny via MiFID II. This can be positioned against a similar report that was published by Moody's in 2017 suggesting US Passive Investments products would make up 50% of the US Investment market by 2024.