Barings Launches New Global Technology Equity Fund
Nov 30, 2021
Barings, one of the world’s leading investment managers, today announced the launch of the Barings Global Technology Fund (or the “Fund”), as the adoption of modern technologies continues at an accelerated pace. The Fund’s objective is to achieve long-term capital growth by investing in the equities of global technology companies, and it is available to both retail and institutional investors.
Actively managed by Investment Managers Matthew Ward and Colin Moar who are based in London, the Fund will follow the same disciplined and repeatable investment process as Barings’ broader equity platform to identify the companies the managers believe are the greatest innovators, disruptors, and enablers of the future.
Innovators are leading companies that build sustainable competitive advantage, focusing on R&D and innovation. Disruptors are the businesses that can best use the new technology infrastructure to displace incumbents and address new needs in the fast-changing digital world. Finally, enablers are companies that benefit from this change by offering products and services required to build the new digital infrastructure.
Dr. Ghadir Cooper, Global Head of Equities, Barings, said: “The combination of rising Internet usage and new, innovative business models to deliver technology to users has accelerated the adoption of IT infrastructure’s next generation, most notably the Public Cloud, in a way that has not been seen before. This is seeding the innovations that will replace legacy technologies and create entirely new and large digital markets, which will result in a robust growth in technology investment.
“The Fund’s launch is testament to Barings’ commitment to offer clients investment opportunities in companies which are shaping the world’s future.”
The Fund will draw on Barings’ deep equities research capabilities, as the core Global Technology Team leverages the expertise of over 30 investment professionals, which are part of the firm’s fully integrated equity platform. Across Barings’ research centres in London, Hong Kong, Shanghai, Singapore, and Taiwan, it has in-depth coverage of over 200 technology companies globally.
Matthew Ward, Investment Manager, commented: “We firmly believe successful businesses built with technology at their heart have the greatest potential to grow in a strong and sustainable way, and create superior returns for investors over the long term.”
The Fund will have ESG fully embedded in its investment process, and will be classified as Article 8 in line with the Sustainable Finance Disclosure Regulation.
Barings is a $387+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities, and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.
*Assets under management as of September 30, 2021
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