Thematic ETF inflows have been redirected from clean energy towards more tertiary elements of the green transition, according to Rize ETF's Thematic ETF Fund Flows, Investment Week can reveal.
Thematic ETFs recorded outflows of $700m last quarter, but this rose to inflows of $193m once the Gender Equality theme was excluded, Rahul Bhushan, co-founder of Rize ETF, said. Speaking to Investment Week about the publication of his firm's ETF Fund Flows report, Bhushan said the massive outflows from the Gender Equality sector was likely due to shifts in "internal money" as asset managers move money within their ETFs. LGIM shutters green bond ETF Throughout Q1, inflows were dominated by four themes, comprising 65% of inflows: Electric Vehicles and Batteries ($179m), Robotics, Au...
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