Legal & General Investment Management (LGIM) has announced the launch of three thematic ETFs focusing on Artificial Intelligence (AI), healthcare and clean water.
Speaking to Investment Week, LGIM's head of ETFs Howie Li said the firm has been working with industry experts "to identify tomorrow's sectors" that have "an underlying growth trend that fits demand characteristics no matter what happens throughout the short-term economic cycle". LGIM names new CIO as Anton Eser departs Listed on the London Stock Exchange, the newly launched thematic ETFs are as follows: L&G Artificial Intelligence UCITS ETF L&G Healthcare Breakthrough UCITS ETF L&G Clean Water UCITS ETF Li said each of these ETFs is seeded with £2m and will cover an are...
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