Defense and AI push European thematic ETFs to record size

Afbeelding van Jimi Malmberg via Unsplash
Afbeelding van Jimi Malmberg via Unsplash
Assets in European thematic ETFs have climbed to a record 52 billion euro, the highest level since the post-Covid “everything bubble.” While a record number of thematic funds closed in 2024, the category is making a comeback this year, led by the themes of defense and AI.
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