The Global FinTech Equities Fund, which the firm claims is the first of its kind, will solely invest in a concentrated portfolio of global Fintech companies.
Available to both wholesale and retail investors, the actively managed fund will be benchmark-agnostic and spread across three segments for diversification.
Companies in the portfolio will be chosen from a proprietary universe that categorises companies as either today’s winners, fintech enablers or challengers.
Today’s winners include companies that already have a competitive advantage in this space, fintech enablers are companies that facilitate the digitisation trend, and challengers are those that could be the future winners.
The fund will be managed by Patrick Lemmens (pictured left) and Jeroen van Oerle (right).
Lemmens, who also run the Robecco New World Financial Equities Fund, said: “I have been in the financial industry for almost 25 years, and with my background as trend investor, launching a fintech fund is the perfect combination of these two aspects.
“Fintech is something that I have always been very passionate and enthusiastic about. In fact, we have invested in the digital finance trend for over six years now with Robeco New World Financial Equities as this is one of the three themes in that fund, but to launch a fund that solely invests in the fintech space is very exciting.
“I strongly believe that digital finance will open the way to two billion people who currently don’t manage their financial affairs, and that online payment methods will become mainstream, while cash becomes the exception.
“With the launch of this fund, we enable investors to gain exposure to and profit from the trend of increasing digitisation.”
The fund is domiciled in Luxembourg and the current name of the fund, Robeco Global FinTech Innovation Equities, will be changed to Robeco Global FinTech Equities from December.
This news follows Robeco’s launch of the short duration version of its Global Credits strategy last week.
