Global X ETFs has announced the appointment of Scott Helfstein as Head of Thematic Solutions. The firm writes that the appointment of Dr Helfstein will bolster the firm’s Thematic Growth ETF line-up, which looks beyond traditional geographic or sector exposures, targeting companies poised to benefit from structural shifts in disruptive technology, people and demographics, and adaptations to our physical environment.
Dr Helfstein most recently served as the Executive Director of Thematic Investing for ETF issuer ProShares, where he was responsible for overseeing the firm’s line-up of thematic ETFs. Previously, Dr Helfstein held senior-level roles at Morgan Stanley Wealth Management and BNY Mellon Investment Management, covering market strategy, equity portfolio solutions, thematic investing, tactical market communications, and global macro trends.
“Global X’s Thematic Growth ETFs deliver access to a broad set of companies around the world with pure-play exposure to paradigm-shifting themes that reflect long-term, structural trends across geographies and sectors,” says Brian Diessner, Head of Sales at Global X. “Dr Helfstein has an impressive background in thematic investing, with experience across product development, research, and strategy, and we look forward to leveraging his expertise to drive innovation for Global X’s clients.”
“Between the convergence of several disruptive technologies, new generations of consumers with unique preferences, and an evolving relationship with the physical environment, it’s clear that we’re living through a cycle of accelerating change,” says Helfstein. “Global X is a pioneer in thematic investing, with top-notch product development and research capabilities, and this is an exciting time to be joining such a forward-thinking firm as Head of Thematic Solutions.”
The creation of thematic ETFs continues to accelerate. At the end of June 2022, there were 256 thematic ETFs traded in the US markets, marking a 73 per cent increase from the beginning of 2021. Global X writes that it has established itself as the global leader in thematic investing, with over a decade of experience and more than 30 targeted products in the space representing around USD15 billion in assets under management.