Barings launches global tech equity fund


Barings has launched its Global Technology fund to capture the opportunities from the increasing adoption of modern technologies.

The fund offers investors access to global tech companies and aims to achieve capital growth over the long term.

Funds Europe state that “it is to be managed by Matthew Ward and Colin Moar and will follow the same investment process as the broader equity platform, investing in companies that the managers consider to be the greatest innovators, disruptors and enablers of the future.”

Ghadir Cooper, global head of equities at Barings, commented that “the combination of rising Internet usage and new, innovative business models to deliver technology to users has accelerated the adoption of IT infrastructure’s next generation, most notably the Public Cloud, in a way that has not been seen before.

“This is seeding the innovations that will replace legacy technologies and create entirely new and large digital markets, which will result in a robust growth in technology investment.”

Funds Europe goes on to comment that the “fund will have ESG fully embedded in its investment process and will be classified as Article 8 in line with the Sustainable Finance Disclosure Regulation.”

Source: Funds Europe

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