AXA IM expands thematic range with metaverse fund launch

Four key sub themes

AXA Investment Managers has launched a metaverse fund, offering investors access to a range of companies that are involved across the digital economy.

Managed by Pauline Llandric, AXA WF Metaverse will invest in 40-60 firms from a universe of 250, with those deemed "most relevant" across both developed and emerging markets chosen for the portfolio. The Article 8 fund will invest across four key sub themes, offering diversification through changing market conditions - gaming, socialising, working and enabling. This final theme will include sectors such as semiconductors, technological infrastructure, cybersecurity and payment. Proceed with caution when navigating the metaverse Llandric said: "We are at the early stages of a lon...