Pictet AI Enhanced US Equity ETF

PQUS

Valor de mercado US$ 141 mi

ETF launches have officially gone parabolic. Just a little more than halfway through the year, product development is already pacing to leave last year's record in the dust.

NEW YORK--(BUSINESS WIRE)--Pictet Asset Management announces Pictet AI Enhanced US Equity ETF (PQUS) has surpassed $100 million AUM.

The rapid deployment of artificial intelligence (AI) is evident; 99% of CEOs say their companies are investing in the technology. Apparently, AI is also quick at garnering assets.

Pictet Asset Management is deepening its footprint in the U.S. market with the debut of two active ETFs focused on emerging markets.  The Pictet Emerging Markets Debt ETF (EMFI) and the Pictet Emerging Markets Rising Economies ETF (RISE) both launched on April 23, offering advisors targeted tools for global diversification.

Artificial intelligence has become one of the defining investment themes of this cycle. Yes, we may be hearing about the AI pullback as a valuation reset.