Palm Beach Illustrated

Show Me the Money?

The upside sounds like an investor’s holy grail: huge returns and support for businesses or industries people often believe in, such as clean energy, artificial intelligence, or deglobalization.

It’s known as thematic investing, and it’s exploded in recent years as investors continue in their everlasting search for new ideas, new trends, and greater performance. But despite all the money pouring into various thematic funds globally—data shows recent increases as high as

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