Neuberger Berman is set to launch a UCITS version of its $4.2bn 5G Connectivity fund, first launched in 2017, to tap investment opportunities as the technology spreads.
The investment manager said the thematic global equity portfolio would invest in key enablers and beneficiaries of 5G telecommunications technology and enhanced connectivity. Network infrastructure, Internet of Things devices as well as applications and services linked to the shift from 4G to 5G were listed as potential opportunities. Neuberger Berman said the fund would focus on companies where more than 50% of future earnings growth was linked to 5G enablement or adoption and will be made up of between 40 and 60 stocks. The fund will follow the global strategy's approach to bui...
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