Global Thematic Fund Landscape Report 2025

Thematic funds are reshaping portfolios worldwide, with assets reaching a three-year high of USD 779 billion in Q3 2025. While Europe remains the largest market—holding 44% of global assets—its share has dipped below 50% for the first time in a decade due to slower recovery and persistent outflows. In contrast, the US and China are fueling robust growth, with US assets up 50% in three years (driven by active ETFs) and China lifting the Rest of World’s share to 32%. 

Security, AI & Big Data, and Digital Economy are the fastest-growing investment themes. However, most thematic funds continue to underperform global equities over the long term, highlighting the need for careful analysis and strategic selection. 

The Global Thematic Funds Landscape report provides in-depth insights into evolving investment themes—from supply chain dynamics to the rise of actively managed funds. This comprehensive resource empowers investors to navigate complexity, evaluate risks, and seize new opportunities with confidence. 

Download the complete report today to stay ahead in thematic investing. Analyze trends, assess risks, and unlock growth potential with strategic clarity.