AI fever ignites a boom in thematic ETFs as fund managers hunt for their next big hit

The surge in popularity of artificial intelligence has sparked a wave of new thematic exchange-traded funds (ETFs), catering to investor interest in various emerging trends like robotics and the space economy. Fund managers are capitalizing on this AI fever by rolling out these specialized investment vehicles, which allow investors to tap into specific market themes. This boom reflects broader trends in finance, where thematic ETFs offer targeted exposure to fast-growing sectors, potentially providing high returns but also increased volatility. It's a strategic move that underscores the growing importance of innovation-driven sectors in shaping future market dynamics.