That demand hasn t gone away, Armando Senra, BlackRock s head of iShares Americas, told CNBC s ETF Edge in an interview Monday. You may have a little bit of a pullback in performance, but we continue to see the flows into offerings such as the iShares U.S. Infrastructure ETF (IFRA) and the iShares Self-Driving EV and Tech ETF (IDRV), he said. We re not just chasing one-year themes. We re looking for 10-year themes, Senra said, calling thematic investing a long-term growth story for us and for the industry.
While high-growth tech trades may take a back seat to value-based investments as the economic reopening gets underway, themes do have staying power, Salvatore Bruno, chief investment officer of IndexIQ, said in the same ETF Edge interview.
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