JPMorgan Asset Management reports a dramatic increase in AI-themed ETFs, which ranked among the top five themes by assets under management in the second quarter despite market volatility. Jon Maier, chief ETF strategist at JPMorgan, highlights that many themes are converging toward artificial intelligence and its ecosystem, including applications, energy and AI models. The report also shows that mutual fund net flows are meaningfully tapering off while ETFs continue to attract capital, partly due to their tax benefits for retail investors.
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