Thematic ETFs see record growth in 2020 33 of the 36 European-listed thematic ETFs outperformed the MSCI World index in 2020 By Jamie Gordon, 20 January 2021 Thematic ETFs have been dubbed “one of the big winners in 2020” with investors piling record assets into megatrend strategies in a move to capture the “eye-catching returns” on offer. According to data from Morningstar, thematic ETFs, which are the subject of ETF Stream's Big Call event on 31 March, saw a record €9.5bn inflows over the year taking the segment’s assets under management (AUM) to an all-time high of €22.7bn. Leading the charge were ETFs focused on the clean energy transition and connectivity which between them claimed more than half of last year’s inflows.