Jupiter Asset Management has renamed its global financials fund. The fund is now called Jupiter Financial Innovation Sicav and will benefit more from the digital transformation of the financial services sector.
Since January 2015, Guy de Blonay manages the global equity fund. He sees the structural change in the financial sector as an unprecedented, long-term investment opportunity and is especially convinced by those companies that he believes will shape and dominate the future of finance. Therefore, the investment objective and approach of Jupiter Financial Innovation will be adjusted accordingly.
Over the past five years, the fund has outperformed its benchmark MSCI ACWI/Financials index by 6.3%, returning 72.9% over the period. Over time, the fund has evolved to include companies beyond traditional financial providers. With this reorientation, fund manager Guy de Blonay receives a clear mandate: to invest actively and across the full value chain of financial services providers in innovators focused on financial technology.
Jupiter Financial Innovation seeks to achieve long-term capital growth by investing in equities and equity-linked securities coupled with financial innovation. Traditional financial services companies dedicated to the digital transformation (“ad-propers”) as well as disruptive innovators who offer the sector financial technology solutions in the field of mobile finance, data analysis, payment transactions and financial infrastructure (“enablers”) are equally in the focus of the fund manager. The companies that reflect both topics include traditional names like JP Morgan Chase as well as fintech companies like PayPal.
