CPR AM has launched CPR Invest – Global Disruptive Opportunities, a subfund within its Luxembourg SICAV CPR Invest.
A subsidiary of European asset manager Amundi, CPR AM has selected senior portfolio manager, global thematic equity, Wesley Lebeau and deputy head of global thematic equity, Estelle Ménard to manage the new fund.
CPR Invest – Global Disruptive Opportunities, aims to address globalisation’s effect on business models which sums up CPR AM’s definition of ‘disruption’. The strategy is to select companies identified as ‘disruptive’ through their capacity to tap their market regardless of their sector.
The management draw on the experience of a committee of SPR AM strategists, Amundi buy-side analysts and consultants from consulting firm Deloitte. Furthermore, the fund has a non-benchmarked active management style with no geographical, sector or market cap restrictions.
Mr Lebeau commented: “Disruption has many facets. Our strategy is not limited to a single field or sector. Our thematic approach, identified through four dimensions (the digital economy, industry 4.0, the planet, health and life sciences) seeks to cover the entire disruptive spectrum as we define it.”
The fund intends to outperform the international equity markets over the long term by investing in the shares of companies that have established, or benefit fully or partially from, disruptive business models.
Head of global thematic equity, Vafa Ahmadi, added: “The strategy addresses growing demand from institutional clients and international distributors for thematic investment management. We offer them a new, non-cyclical and sustainable solution to generate long-term growth.”