Paris-based asset manager Carmignac has launched an equity fund focussed on global technology.
The firm claims that the fund is one of the few tech funds with a sustainable investment objective in the European marketplace and is designated as an Article 9 fund under the Sustainable Finance Disclosure Regulation (SFDR).
The fund will be managed by Kristofer Barrett, manager of the firm’s global equity strategy, Carmignac Investissement and co-manager of the flexible multi-asset strategy, Carmignac Patrimoine.
Carmignac Portfolio Tech Solutions, as the new fund is known will use a blended investment approach, mixing a growth-focused investment strategy with value opportunities.
Maxime Carmignac, CEO of Carmignac UK and head of strategic product development at Carmignac, comments: “Technology has been a high conviction investment theme at Carmignac for many years.
“With technology becoming more pervasive, we believe Kristofer is the ideal portfolio manager to navigate this unchartered phase. He has demonstrated his great stock-picking abilities in both rising and declining markets, resulting in considerable and consistent outperformance.”
