Investing in military hardware may be taboo for many of Europe’s ESG flag-bearers, however, the continent’s largest mobilisation since WWII and a bleak market backdrop have seen some thematic ETF issuers turn to the previously unloved industry – albeit with a fresh new look.
While usually viewed as a sector, two phenomena have allowed asset managers to glamourise defence as a future investment opportunity.
This article was first published in Thematics Unlocked: Looking Under The Bonnet, an ETF Stream report. To read the full article, click here.
