BNP Paribas has launched the Parvest Disruptive Technology fund to invest in "innovative technologies" that are transforming business models.
The fund, which was launched on 16 November, is a sub-fund of the Luxembourg-registered Parvest SICAV and currently has €181m of assets under management. It is managed in Boston by Pam Hegarty of BNPP AM's global specialist & thematic equity team, where she is supported by the wider US equity and global sector equity teams. Train: There is nowhere to hide from technology The strategy also benefits from the research and expertise of the groups European, Asian, global and emerging markets equity teams. With a concentrated portfolio, consisting of 30 to 50 holdings, the fund invest...
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