Taking another look at thematic investing

Explore tomorrow's investment themes

Thematic investing is defined by MSCI as "a future-focused investment approach that relies on research to explore long-term macroeconomic, geopolitical and technological trends." Below you will find the latest takes on thematic investment from the biggest names in institutional investing - touching upon demographics, healthcare, renewables, and more.

Top-down analysis on thematic investing

S&P Atlas Thematics: The Compass for Evolving Markets (S&P Dow Jones Indices)

The S&P Atlas Thematic Indices are a new group of indices that aim to track key themes that drive today's (and tomorrow's) economy.

Thematic Indexes Performance Update – Q2 2025 (Morningstar Indexes)

Leveraging the insights of Morningstar equity analysts, this chart pack offers in-depth insights into the best (and worst) performing themes in Q2 of 2025.

Thematic Investing – A Compelling Alternative amid Market Chaos (Robeco)

Megatrends are powerful forces reshaping our world. They are as diverse as they are unstoppable. Investors cannot ignore them.

Thematic Investing: A Risk-Based Perspective (Financial Analysts Journal)

Thematic investing has grown in popularity even without a clear definition. The authors of this paper propose a risk-based definition. Does this definition work for investors?

The Path to 2075 — The Positive Story of Global Aging (Goldman Sachs)

The global population is aging, driven by increased longevity and declining fertility. Among these negatives, investors need to see the bright spots.

Key themes shaping the future

Don’t Shoot the Messenger: Demographics Suggest Less Growth (Invesco)

Though population deceleration is a universal phenomenon, Africa is expected to continue having the healthiest demographics.

Health Care Woes (FTSE Russell)

For compliance reasons, this paper is only accessible in certain geographies

The global healthcare industry has steeply underperformed regional equity indices over the last two years.

Antifragile? Case for Renewable Energy Infrastructure (UBS Asset Management)

The U.S. is moving ahead with its transition towards renewable energy. This, however, requires massive investments in infrastructure.

Power-to-Hydrogen-to-Power: Technology, Efficiency, and Applications (OIES)

Hydrogen production in the current landscape remains predominantly dependent on unabated fossil fuels. But this is slowly changing.

China, India and Asia’s Renewable Transformation (M&G Investments)

For compliance reasons, this paper is only accessible in certain geographies

The road forward in Asia’s energy transition may be uneven, but the direction is clear for investors.