News
Launch of ODDO BHF Future of Finance
Paris, Frankfurt, Düsseldorf, Luxembourg, October 19th 2021.
ODDO BHF AM launches ODDO BHF Future of Finance, a global thematic equity fund, investing in both innovative banks and new players challenging the traditional banking sector. The fund aims at capturing the mutation of the global financial industry, which is according to our analysis a solid support to a structural growth theme.
The fund provides a comprehensive exposure to the “Future of Finance” thematic by selecting global companies of all market sizes, all sub-sectors and geographies. It consists between 40 and 60 stocks selected by an active and conviction-based investment process that combines a top-down analysis, to define the most attractive sub-themes, and a bottom-up approach based on an in-depth fundamental analysis of each stock. ODDO BHF Future of Finance is managed by Alex Koagne, who has more than 15 years experience in analysing and investing into listed financial companies.
“The disruption of financial companies in their four major business fields (financing, savings, payment and insurance) is inevitable. Thanks to technological innovation, disruptive players respond better to new consumer demands by revolutionizing the customer experience. This underlying trend is reflected in market share gains for disruptive players, ensuring a secular growth in their activities”, said Alex Koagne, fund manager of ODDO BHF Future of Finance.
Nicolas Chaput, Chief Executive Officer of ODDO BHF Asset Management, added: “The emergence and adoption of new technologies through digitalization as well as the increasing specialization of the whole value chain in the financial industry give rise to many investment opportunities for our institutional, wholesale and retail clients. This strategy is the fourth global thematic solution we bring to our clients along with ODDO BHF Green Planet, ODDO BHF Artificial Intelligence and Landolt Best Selection in Food Industry (1)”.
(1) Landolt Investment (Lux) SICAV - Best Selection in Food Industry is a fund managed by ODDO BHF (Switzerland). It is registered in Belgium, Switzerland, France, Spain, Germany and Luxembourg and is distributed by ODDO BHF AM.
About ODDO BHF Asset Management
ODDO BHF AM is part of the independent Franco-German financial group ODDO BHF that was founded in 1849. ODDO BHF AM is an asset management leader in Europe. It comprises ODDO BHF AM GmbH in Germany, ODDO BHF AM SAS and ODDO BHF Private Equity SAS in France and ODDO BHF AM Lux in Luxembourg, which together manage assets totaling € 65 billion as of August 31st, 2021. ODDO BHF AM offers its institutional and wholesale clients a unique range of high-performance investment solutions in all main asset classes, i.e. fundamental and thematic equities, quantitative equities, fixed income, multi-asset solutions, private equity and private debt. As a signatory to the UN-PRI, ODDO BHF AM launched a range of sustainable funds since 2012, covering a wide range of strategies that place environmental, social and governance (ESG) criteria at the heart of the investment process. On a combined basis, 61% of assets under management are from institutional clients and 39% from distribution partners. The teams operate from investment centers in Dusseldorf, Frankfurt, Paris and Luxembourg with additional locations in Milan, Geneva, Zurich, Madrid, Stockholm and Abu Dhabi. ODDO BHF AM puts the long-term support of its clients at the heart of its priorities. Its independence allows its teams to be responsive, flexible and innovative in order to constantly find solutions tailored to the customers’ needs.
www.am.oddo-bhf.com
About ODDO BHF
ODDO BHF is an independent Franco-German financial services group, with a history stretching back over 170 years. It was created from the alliance of a French family-owned business built up by five generations of stockbrokers and a German bank specialising in Mittelstand companies. With 2,500 employees (1,300 in Germany and Switzerland and 1,200 in France and Tunisia), and more than 125 billion euros in assets under management, ODDO BHF operates in three main businesses, based on significant investment in market expertise: private banking, asset management and corporate and investment banking. The Group has a specific ownership structure as 65% of its capital is held by the Oddo family and 25 % by employees. This “partnership” ethos guarantees the long-term involvement of its teams. In 2020, ODDO BHF generated net banking income of 624 million euros, and at 31 December 2020, the Group had over 940 million euros of shareholders' equity.
www.oddo-bhf.com
Media contact:
CITIGATE DEWE ROGERSON
Yoann Besse
+33 1 53 32 78 89
[email protected]
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