Jupiter Asset Management has rebranded Guy de Blonay's Global Financials fund to focus on financial technology, a sector the manager believes will "dominate" the future of finance.
The offshore fund will now be known as the Financial Innovation fund and take advantage of the "digital transformation" of the financial services sector. Jupiter said the fund had "naturally evolved" over time to include companies beyond the traditional idea of financials. Jupiter unveils absolute return fund within Merlin multi-manager range It will now aim to achieve long-term capital growth by investing in companies linked to financial innovation including mobile finance, data analytics, payments and financial infrastructure companies, as well as 'adopter' companies such as JP ...
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