Best Fund Provider Technology Equity
Best Fund Provider – Technology Equity
Hyun Ho Sohn
“We are honoured to have been awarded Best Fund Provider – Technology Equity in the 2023 Asian Private Banker Asset Management Awards. In a tough market environment in 2022, it was pleasing to see the fund outperform its benchmark and most peers. This was built on the bedrock of support from Fidelity’s global research network, which provides a world class forum for ideas and debate around investments.
A recognition such as this is highly gratifying, and we hope the strategy will keep delivering strong results for clients.”
Fidelity International has been named Best Fund Provider – Technology Equity for its ability to capture the upside of tech equities with its FF – Global Technology Fund in what was a challenging year for tech stocks.
Launched in 1999, the fund is a global equity strategy designed to deliver long-term capital growth by investing in stocks of global companies developing products, processes, or services linked to technological advances and improvements.
The FF – Global Technology Fund integrates an ESG analysis into its investment process and has a minimum of 50% of its holdings in companies with strong sustainability characteristics.
The strategy outperformed the benchmark — MSCI ACWI Information Technology Index (Net) — and its peers from inception, and particularly since the current portfolio manager’s tenure starting in 2013.
For the 12-month period to 31 August 2022, the FF – Global Technology Fund outperformed its peers by 12.9 pps.
The fund enjoyed robust inflows from private banking platforms globally in 2022, gathering US$13.6 billion in AUM as of 31 August 2022, making it one of the largest among global peers.
For these reasons, Fidelity International wins Best Fund Provider – Technology Equity in Asian Private Banker’s 2023 Asset Management Awards for Excellence.
All awards related enquiries to
+852 2529 4277
All images and content © Asian Private Banker