From Yahoo Finance: 2025-05-28 12:47:00

Asset managers BlackRock and BNP Paribas have launched new exchange-traded funds focused on Europe’s defense industry, with at least nine new funds created in the last seven months. European governments are increasing spending on arms due to geopolitical tensions and warnings from President Trump. Investors have poured $8.4 billion into defense ETFs this year, with $2.7 billion into European-focused products. BlackRock and BNP Paribas cited increased demand for their launches.ETFs are gaining popularity, offering exposure to a range of assets without individual selection. BlackRock’s European defense ETF listed in Amsterdam and Frankfurt, while BNP Paribas listed theirs in Paris and plans to list in other European countries. The fund will support defense companies in European NATO member states. Defense stocks have seen a surge in value this year, attracting money managers and leading to new investment products. Allianz and UBS have also eased restrictions on investing in defense.



Read more at Yahoo Finance: Global investors launch Europe defence funds to profit from rearmament