Recent comments from US Republican election hopeful, Donald Trump suggest that not enough is being done in Europe especially, to assist NATO in its defence spending. Owing to the war in Ukraine, demand for weapons in Europe has soared, but there remains potential upside for traditional arms companies as well as new technology businesses in the cyber security industry. As Tom Bailey, from HanETF says Future of Defence UCITS ETF (NATO) provides exposure to the companies generating revenue from NATO and NATO+ ally defence and cyber defence spending.
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