News Digest: European fund advisers signal higher allocation to thematic funds
June 10, 2022
News Digest:
A survey of 60 Europe-based wealth managers and IFAs carried out by ETF issuer HANetf has found around 90% of respondents planning to up their portfolio allocation to thematic funds over the next 12 months.
Takeaway:
Assets under management at European-listed thematic ETFs, which stood at $41bn as of April, are forecast to increase to $91bn by December 31, the survey revealed, adding that 95% of respondents have seen increased demand for thematic exposure from clients.