BNP Paribas Asset Management launches Europe Defense ETF
The fund will provide exposure to aerospace, defence electronics and shipbuilding
The fund will provide exposure to aerospace, defence electronics and shipbuilding
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Follows the launch of the WisdomTree Europe Defence UCITS ETF last month
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European stockmarkets closed at a record high in March, But, with tariffs on the horizon, is the market rally sustainable?
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It seeks to benefit from the €800bn plan unveiled by the European Commission yesterday as the US withdraws military support
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The launch comes as European countries prepare to increase their spending on defence in response to geopolitical challenges
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Europe has rallied at the prospect of a ceasefire, but the subsequent costs on Ukraine’s neighbours could prove to be yet another headwind
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Bringing First Trust’s total UCITS ETF range up to 36 products
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ESG investors have stopped divesting from defence stocks and started buying them since the invasion of Ukraine
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Available on the London Stock Exchange and Deustche Börse XETRA from 4th July
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