Search
Close this search box.

American Investment Management Company Launches Dedicated Metaverse Fund

Invesco Ltd., an American independent investment management company, has announced it has launched a dedicated Metaverse fund.

The fund will focus on large, medium and small-cap companies in the US, Asia and Europe, across several specific verticals. These include:

• Next-generation operating and computer systems

Responsive Image

• Hardware and devices that provide access to the Metaverse

• Networks for hyperconnectivity

• Immersive platforms developed with AI

• Blockchain

Headquartered in Atlanta, Georgia, with additional branch offices in twenty countries, the Invesco fund will be managed by Tony Roberts, fund manager, and James McDermottroe, deputy fund manager, both members of Invesco’s UK-based Asia & Emerging Markets equities team. The fund’s performance will be measured against the MSCI AC World (Net Total Return) benchmark, and its management fee will be 0.75% on the z share class in the UK.

“It has been estimated that, by 2030, virtual and augmented reality could deliver a £1.4-trillion boost to the global economy,” said Roberts.

“While the metaverse’s applications to entertainment are increasingly well-understood, the interconnectivity that it enables will likely have a transformative impact across industries as diverse as healthcare, logistics, education and sport. We will seek to capitalize on these opportunities through a highly selective, valuation-conscious approach.”

While Alexander Millar, Head of UK distribution at Invesco, said: “At Invesco, we will always aim to offer clients best-in-class solutions to help capture exciting opportunities — and the Metaverse is certainly one of these.”

“Our experienced Asia & Emerging Markets team is uniquely well-placed to pick the winners of this emerging global megatrend through its disciplined and robust, fundamental approach.”

If you found this article to be informative, you can explore more current Digital Twin news here exclusives, interviews, and podcasts.

The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Picture of Jake Vikoren

Jake Vikoren

Company Speaker

Picture of Deep Prasad

Deep Prasad

Company Speaker

Picture of Araceli Venegas

Araceli Venegas

Company Speaker

James Dargan

James Dargan Is A Writer And Researcher At The Metaverse Insider. His Focus Is On The QC Startup Ecosystem And He Writes Articles On The Space That Have A Tone Accessible To The Average Reader.

Share this article:

Relevant

The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Picture of Jake Vikoren

Jake Vikoren

Company Speaker

Picture of Deep Prasad

Deep Prasad

Company Speaker

Picture of Araceli Venegas

Araceli Venegas

Company Speaker

Keep track of everything going on in the Digital Twin Market.

In one place.

Related Articles

Join Our Newsletter