Rising Drought Risk Spurs Most Cash Into Water Funds in a Decade
- Water-focused ETFs have added the most since 2007 this year
- An index of firms that stand to benefit is beating the S&P 500
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Investors are starting to pay more attention to water shortages and how to turn them into long-term investments.
Water-related exchange-traded funds attracted more money in the nine months through September than in any full year since 2007, data compiled by Bloomberg show. These funds have continued to add cash this month, with products run by Invesco Ltd. and First Trust Advisors leading inflows.