Dutch asset management firm Robeco just launched a fintech investment firm.
Robeco’s Global Fintech Equities, which was launched yesterday, will focus on three segments: “today’s winners,” “fintech enablers,” and “challengers.”
“Today’s winners” consists of established companies that already have a competitive advantage in the market. “Fintech enablers” are companies focused on the digitization trend, while “challengers” are new companies with potential to become “today’s winners.”
Patrick Lemmens, lead portfolio manager of the fund, said in a statement yesterday:
… 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 2 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 digitization.
The fund is domiciled in Luxembourg. As of September 2017, Robeco had EUR 283 billion ($332 billion) in assets under management.3 - Readers Like This Post