Abu dhabi: Lunate, an investment management firm based in Abu Dhabi, has announced the launch of its Boreas range of UCITS thematic ETFs on Deutsche B¶rse Xetra, marking a significant milestone as the first provider from the region to offer a suite of ETFs on a European exchange. This launch emphasizes the financial connection between the Middle East and European capital markets, offering global investors access to a new suite of thematic and specialty ETFs.
According to Emirates News Agency, the Boreas range consists of ETFs with various risk and return profiles, crafted to capture themes that are expected to drive future economic value. The Boreas S and P AI Data, Power and Infrastructure UCITS ETF will commence trading on Xetra today. Additionally, the Boreas S and P Absolute Luxury UCITS ETF will be concurrently listed on the Abu Dhabi Securities Exchange and Xetra on January 27, 2026.
Lunate plans to expand its European offerings with the Boreas Solactive Quantum Computing UCITS ETF and other innovative ETFs slated for release later this year. The Absolute Luxury ETF aims to provide investors with targeted exposure to Europe's luxury industry, which is set to grow alongside the global millionaire population, projected to rise by nearly 10 percent by 2029.
The Absolute Luxury ETF, tracking the S and P Europe Luxury 35/20 Capped Index, will include 32 companies such as Hermes, Ferrari, Burberry, LVMH, and Richemont, with a total expense ratio of 49 basis points. UAE investors can subscribe to this ETF via six Authorized Participants or the ADX eIPO portal from January 15 to 21, 2026.
The Boreas range caters to both traditional institutional investors and a new generation of investors, facilitated by digital platforms. The range is managed by Lunate, with Northwind providing product development and research support. Jane Street serves as the market maker for Lunate's European-listed ETFs, while AHP Capital/NTree Deutschland acts as the distributor.
Sherif Salem, Partner and Head of Public Markets at Lunate, remarked that the launch marks a historic milestone, enabling global investor access to differentiated public markets offerings with active thematic and specialty ETFs designed to capture investment opportunities with potential for accelerated growth.
Geir Espeskog, CEO of Northwind, highlighted that innovation across technology, energy, and security is creating a compelling environment for thematic investing. With expanding research and development, these forces are shaping industries poised to define the next generation of economic growth. Northwind is proud to support Lunate in introducing resilient, forward-looking themes for investors seeking exposure to transformative shifts.