Bringing you live news and features since 2006 

Global X ETFs adds infrastructure and cleantech funds to Thematic Growth suite

RELATED TOPICS​

Global X ETFs, a New York-based provider of exchange-traded funds (ETFs), has launched the Global X Data Center REITs & Digital Infrastructure ETF (VPN) and the Global X CleanTech ETF (CTEC). Both funds will join the firm’s USD7 billion Thematic Growth family, which consists of 23 thematic ETFs.

The emergence of a multitude of digital technologies is set to be a key driver of growth in the 2020s. Connectivity across billions of Internet of Things devices, alongside increased utilisation of cloud storage, ultrafast 5G mobile networks, and sophisticated artificial intelligence algorithms, is expected to drive robust demand for digital infrastructure, like data centers and cellular towers. At the same time, the strengthening global imperative to tackle climate change is driving further innovation among technologies that can potentially mitigate this impending risk.

“Across our suite of thematic ETFs, we’ve sought to provide investors targeted access to impactful and disruptive trends,” says Alex Ashby, head of product development at Global X ETFs. “With these new ETFs, investors have a unique opportunity to capture the global shift to clean technologies, and the building of the digital infrastructure that will serve as the backbone for continued digital innovation. We’re thrilled to utilise our expertise in thematic investing to expand our offering to these critical areas.”

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by