FUND FLOWS

Global X’s thematic ETF report finds assets shifting sectors

Global X’s thematic ETF report finds assets shifting sectors

Global X’s European Thematic UCITS Report for May 2021 found that at the end of May 2021, there were 61 thematic UCITS ETFs totalling USD35.6 billion in assets under management (AUM), declining by 0.8 per cent on the month. Disruptive Technologies and People & Demographics recorded a monthly decrease of AUMs in May, -2 per cent and -5 per cent respectively, while Physical Environment thematic UCITS ETFs saw a 3 per cent increase.  

INTERVIEW

Luxury in high demand in post pandemic world 

Luxury in high demand in post pandemic world 

Yev Shelkovskiy (pictured), PM at Emles reports that retail sales have shown a significant shift towards luxury goods, post pandemic. Emles is the issuer behind LUXE, the Emles Luxury Goods ETF and Shelkovskiy says that first quarter GDP total sales were 6.3 per cent higher than a year ago – before the pandemic really hit – and that he believes that the latest USD1,400 stimulus payment and relaxation of Covid containment measures will increase the opportunities to spend. 

FUND LAUNCH

Launch of LGBTQ ETF comes from its community

Launch of LGBTQ ETF comes from its community

The great and the good have come out to support the launch of LGBTQ Loyalty Holdings’ first ETF targeted at the LGBTQ community, with Martina Navratilova on the board, saying: “I am thrilled that the launch of the LGBTQ + ESG100 ETF has arrived. Today is an important day for advancing equality, as we showcase companies that align and support the LGBTQ community through this announcement. Seeing the trading symbol ‘LGBT’ listed on Nasdaq is truly historic.”