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Global X ETFs launched four new European UCITS ETFs on the London Stock Exchange.
By Rony Abboud
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Global X ETFs, a global provider of exchange-traded funds expanded their European offering to 17 ETFs with the launch of four new European UCITS ETFs on the London Stock Exchange. The latest additions represent Global X's push to cater for a growing European thematic investing appetite.
The new ETFs, Global X Renewable Energy Producers UCITS ETF (RNRG), Global X Clean Water UCITS ETF (AQWA), Global X Data Center REITs & Digital Infrastructure UCITS ETF (VPN) and Global X Lithium & Battery Tech UCITS ETF (LITU) join 12 other Thematic Global X UCITS ETFs on the menu. “With these new ETFs, investors have a unique opportunity to capture several structural changes happening around the globe, including: the shift to renewable energy, recent advancements in water infrastructure and technology, the building of digital infrastructure that will serve as the backbone for continued digital innovation, and increased global demand for lithium and battery technology” said Morgane Delledonne, Director of Research, Global X Europe.
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Globally, thematic ETFs attracted more than $90 billion in net inflows this year after investors realized the importance of adding exposure to megatrends, trends and themes shaping our future. "The thematic landscape is rapidly evolving as a greater emphasis on sustainability and clean technology permeates our global consciousness and technological innovation continues at a rapid clip.", Delledonne added.
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