Bloomberg - ETF Boom Leaves Thematic Funds Behind

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Bloomberg - ETF Boom Leaves Thematic Funds Behind

Bloomberg - ETF Boom Leaves Thematic Funds Behind

  • TV-G
  • 2020
  • 3mins
Jan.02 -- Thematic ETFs which focus on industries like robotics blockchain or cannabis closed 2019 with about $51 billion under management just 1% more than the previous high point for assets reached 15 months earlier according to data compiled by Bloomberg Intelligence. By contrast the overall U.S. ETF industry has grown 20% during the same period and now oversees $4.4 trillion. Bloomberg's Ritika Gupta has more on Bloomberg Markets: The Close.