Bloomberg Television
@markets·3.2M subscribers·95.6K videos
ETF Boom Leaves Thematic Funds Behind
Posted
January 2, 2020
Views
3,957
Likes
29
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1
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0.76%
January 2, 2020
3,957
29
1
0.76%
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3:12Now PlayingJan.02 -- Thematic ETFs, which focus on industries like robotics, blockchain or cannabis, closed 2019 with about $51 billion under management, just 1% more than the previous high point for assets reached 15 months earlier, according to data compiled by Bloomberg Intelligence. By contrast, the overall U.S. ETF industry has grown 20% during the same period and now oversees $4.4 trillion. Bloomberg's Ritika Gupta has more on "Bloomberg Markets: The Close."
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