New Products

What’s New In Investments, Funds? – Carmignac

Editorial Staff 22 July 2024

What’s New In Investments, Funds? – Carmignac

The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Carmignac
Asset manager Carmignac has just launched Carmignac Portfolio Tech Solutions, an equity fund designed to capitalise on the long-term sustainable opportunities in the global technology space.

The fund has a sustainable investment objective in the European marketplace, classified under Article 9 under the Sustainable Finance Disclosure Regulation (SFDR), the firm said in a statement.

For more than two decades, the tech sector has been a major driving force for equity markets globally. “With artificial intelligence giving birth to new champions and expanding frontiers, the sector is accelerating again, triggering the start of a new technology cycle. Technology is at the heart of environmental and social transitions already at work, making it a true enabler of long-term sustainable growth,” the firm said.

The fund is managed by Kristofer Barrett, manager of the global equity strategy. He is also a stock picker who managed a technology equity strategy from March 2020 to February 2024 before joining Carmignac in April 2024.

Carmignac Portfolio Tech Solutions uses a blended approach, mixing a growth-focused investment strategy with value opportunities. The result is a flexible and concentrated portfolio, investing in companies of all market capitalisations and a bias towards the US and Asia to cover the full innovation value chain, the firm said.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes