Friday 17 July
10.00 AM BST / 11.00 AM CET

Join us for our Q3 Thematic Quarterly Webinar, as we review an eventful H1 in markets, uncover recent thematic developments, and unpack the latest potential investment opportunities across a host of exciting themes like the space economy, semiconductors, nuclear power and much more.

This quarter, we’ll cover:

• The next space race: Driven by rocketing demand for satellite technology, falling launch costs, our insatiable thirst for AI, and shifting national security priorities, few themes seem poised for greater growth than the space economy over the coming decades. Naturally, we are launching (pun intended) a space economy UCITS ETF, drawing on Bloomberg Intelligence’s unrivalled expertise.
• A golden era for IPOs? With investor enthusiasm around the upcoming SpaceX, OpenAI and Anthropic listings reaching fever pitch, we’ll unpack how investors can invest in a diversified* basket of these potential “Trillicorns.” To do this, we’ll spotlight the IPOX‑100 Index, which has tracked new listings for over two decades.
• AI deep dive: are semiconductors in a bubble? We’ll unpack the meteoric rise of the First Trust Bloomberg Global Semiconductor Supply Chain UCITS ETF (CHPS), up 76.64% year to date as of June 15¹, and explore why we believe the semiconductor supply chain remains poised for sustained, structural growth. We’ll also consider why being in a bubble doesn’t necessarily mean “sell”. Plus, an update on the new Bloomberg Intelligence forecast for generative AI.
• “Is the global industrial renaissance priced in?” and the limitations of PE: When it comes to valuing the once in a generation CapEx build out, we think metrics like price-to-earnings fall short. We’ll highlight extraordinary order backlogs to illustrate how the industrial renaissance may not be fully priced in – and may have the potential to run for years.
• Demand for defence: One theme driving the long-term demand for industrials is defence. Scores of firms globally are reporting surging orders for drone defence systems and modern weaponry, reflecting rapidly expanding military budgets across the world. However, the First Trust Indxx Global Aerospace & Defence UCITS ETF (MISL) is negative since the start of the Iran conflict. What does that mean? Is it a buying opportunity?
• Metals pricing map: We’ll explore how structural demand, tight supply, and geopolitical dynamics may be shaping pricing trends across critical materials.
• Cybersecurity’s recovery rally: Finally, we’ll break down the jaw-dropping rally in cybersecurity stocks during the second quarter. What’s behind it, and can it continue?

*Diversification does not guarantee a profit, nor prevent against a loss.

_{1. First Trust, 15 June 2026}