- Highly innovative with unique, proprietary AI built into the investment process
- Direct revenue exposure to companies in the Asia Pacific
- Managed by Chris Ford and Giles Worthington
Sanlam Investments announces the launch of the Asia Pacific Artificial Intelligence Fund. It provides direct revenue exposure to companies in the Asia Pacific region that have the potential to harness the power of AI.
The fund is a sister fund to the £800mn Sanlam Artificial Intelligence Fund and will be managed by Chris Ford and Giles Worthington who will use the same proven approach – including the managers’ bespoke AI application, Orbit – but with a regional focus on Asia Pacific including Japan.
The team believes that the world is at the start of the adoption of artificial intelligence, and that companies able to capture the opportunity will enjoy considerable competitive advantages. The portfolio will provide exposure to this rapidly evolving theme in a key geographic region, where AI is already embedded in everyday life. It will be diversified across industry sector, country exposure and company size thereby taking advantage of the huge range of industry-level opportunities available.
Chris Ford, manager Sanlam Asia Pacific Artificial Intelligence Fund said: “We have long argued that AI is an important investment theme of long duration. Asia is at the leading edge of the revolution so it was natural to launch a fund with the capability of targeting companies specifically in this geographic area, which we believe will enjoy considerable competitive advantages.
Chris Rodgers, Head of Investment and Risk, Sanlam Investments said: “An investment in AI is an investment in exceptionally strong businesses that are likely to remain relevant in the future, so we are extremely excited to bring this innovative fund to the market.”
The Ireland-domiciled UCITS fund is MSCI ESG-rated A, will be available in a variety of share classes and at a reduced founder fee for a limited time.