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.  

DIGITAL ASSETS

Bitcoin mining could become a net positive to the environment, says contrarian ARK

Bitcoin mining could become a net positive to the environment, says contrarian ARK

Always the contrarians, ARK’s cryptocurrency analyst, Yassine Elmandjra, has commented on Elon Musk’s announcement last week that, henceforth, Tesla would not be accepting bitcoin for the purchase of its vehicles, this, roughly three months after its USD1.5 billion investment in the currency, and just one month after announcing that it would take bitcoin in payment for its cars. 

INTERVIEW

Uncertain times see funds flow to Columbia Threadneedle’s diversified multi-sector fixed income offering 

Uncertain times see funds flow to Columbia Threadneedle’s diversified multi-sector fixed income offering 

Columbia Threadneedle’s Diversified Fixed Income Allocation ETF (DIAL), a strategic beta multi-sector fixed income ETF, has seen its assets rise to over USD1 billion, with USD500 million of net new inflows in the past six months, following its three-year anniversary in October 2020.