Flows into thematic funds have slowed throughout 2022, with AUM in thematic ETFs and open-ended funds standing at $276bn at the end of June, according to WisdomTree’s European thematic quarterly update.
ETF market share rose to 13.6%, with a total AUM of $37bn. Flows have remained positive in the second quarter, despite difficult performance, with $3.4bn across ETFs and the open-ended space. Year-to-date, flows stand at $10.6bn. Negative performance across many themes has led to the continued decrease of overall AUM, with a $60bn drop in the second quarter. Open-ended funds took in $1.7bn over the quarter, although ETFs attracted more assets, with inflows climbing to $1.8bn, compared to $1.7bn in the first quarter. Globally, AUM in thematic strategies fell by $98bn, to $439bn as a...
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