2025 Global Fund Launch Monitor: Strategic Analysis of New Mutual Fund & ETF Issuances
The investment landscape in 2025 is marked by a decisive shift from broad asset accumulation to precision targeting, driven by normalized interest rates and the maturation of AI infrastructure. Developed markets, particularly the U.S., are seeing institutional migration toward hybrid vehicles blending equity tradability with credit risk management. Meanwhile, emerging markets like India are democratizing institutional strategies through volatility-smoothed indices for retail investors.
The 2025 New Fund Offer (NFO) and ETF pipeline reflects three macro imperatives: active credit selection in a 'higher-for-longer' rate environment, AI's transition from HYPE to core infrastructure, and demand for cross-border access in restricted capital markets. This report provides a granular analysis of these trends.