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.  

ESG

ESG ETFs continue to pull in the assets

ESG ETFs continue to pull in the assets

Sustainability continues to drive ETF assets, both in bonds and equities and two firms have reported their ESG assets reaching record levels this week, with BlackRock’s iShares Sustainable UCITS EMEA ETF range crossing USD50 billion in assets, with Q1 2021 inflows of USD10 billion almost tripling the pace of asset gathering in the same quarter of 2020, and UBS Asset Management’s Sustainable Development Bank Bonds UCITS ETF reaching USD1 billion in assets.