The fund will be managed by Alexander Gunz in-house and will target wealth managers and institutional clients.
It will focus on tapping into future, long term trends which Gandon believes will provide a tailwind to particular groups of companies. “It’s about the growth of data, and Tesla – the car of the future for example,” he said. “The fund will identify themes and the best stocks [to benefit from these],” added Gandon.
A bottom-up proprietary process, and low turnover will be favoured. It will be a concentrated UCITS fund, all cap, unconstrained and benchmark agnostic. It will have around 20 holdings at any time.
In a presentation issued by Heptagon about the new offering global trends in transport, internet, food & beverage, energy, technology, health and online retail are outlined.
Examples include that worldwide energy demand will rise by two-thirds between now and 2050, and 50% of credit card transactions will be made from mobile phones by 2020.