• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video

AXA IM to restructure Framlington Financial fund as fintech mandate

AXA IM to restructure Framlington Financial fund as fintech mandate
  • Christopher Copper-Ind
  • 16 October 2018
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

AXA Investment Managers is restructuring the AXA Framlington Financial fund as a fintech fund in recognition of “the fast-changing financial service landscape”.

The £55m fund, which launched in 1986, will be renamed as the AXA Framlington FinTech fund and the investment objective will be amended, with both taking effect on 20 November.

Related articles

  • Courtiers targets ‘next generation’ with digital wealth proposition
  • DeVere launches second fintech app
  • European Commission releases new PRIIPs rules
  • DeVere adds 22 currencies and transfer feature to e-money app

The fintech fund will be able to invest in companies providing technological applications throughout the financial services supply chain, as well as the traditional financial companies such as banks and insurers the fund currently invests in.

The investment objective of the fund – to provide long-term capital growth – will remain the same.

Managed by Vincent Vinatier since 2015, the fund currently has over 50% invested in North American equities. Over three years the fund has returned 44.2%, FE data shows.

Vinatier commented: “Since the fund’s launch in 1986, the financial services sector has undergone dramatic changes. Technological advances have changed aspects of how people and businesses interact and operate, and this is particularly true when it comes to financial services.

“By recognising this evolution and amending the fund’s investment policy accordingly, we believe the fund will have access to more investment opportunities and be better placed to identify companies that can adapt to the fast-changing financial service landscape and provide long term growth for the fund.”

In February, the group announced plans to integrate five themes it believes will have a major impact on future returns into its internal research capabilities, including clean tech, as well as ageing and lifestyle, automation, connected consumer and transitioning societies.

This has led to a series of fund restructures, including the overhaul of the Global Thematics fund (previously the Global Opportunities fund), the restructuring of the offshore AXA Healthcare fund to a longevity fund and plans to launch a clean tech fund at the end of this year.

This article was first published by Investment Week

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • AXA
  • Fintech
  • Funds
Back to Top

Most read

EU removes Barbados from blacklist of 'non-cooperative' jurisdictions
EU removes Barbados from blacklist of 'non-cooperative' jurisdictions
Global UHNWI population to grow by 27% over the next five years: Knight Frank
Global UHNWI population to grow by 27% over the next five years: Knight Frank
J.P. Morgan Asset Management launches Global Income Sustainable Fund
J.P. Morgan Asset Management launches Global Income Sustainable Fund
Comment: Four key issues powering the renewable energy revolution
Comment: Four key issues powering the renewable energy revolution
Aviva announces exit from Turkey
Aviva announces exit from Turkey
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading