M&G Investments launches Global AI Themes fund
To invest across three areas connected to artificial intelligence
To invest across three areas connected to artificial intelligence
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To focus on companies with ‘heavy’ environmental footprint looking to transition
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Fund resides under the Schroders Greencoat arm
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The firm’s UK retail funds and model portfolio service was hardest hit, having suffered a net outflow of £1.4bn
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Fund based on existing US strategy
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Following SEC’s approval of spot bitcoin ETFs
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Firm hopes to raise €500-700m (£430-602m) from investors
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Demand for copper expected to rise due to its role in the clean energy transition
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Focused on reducing exposure to companies with high carbon intensity
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Defensive, Cautious and Balanced options added
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Will be available immediately through its MPS
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Adds to the firm’s £5.7bn global private wealth platform
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