Neptune launches global technology fund


Neptune Investment Management has launched a global technology fund because it believes the sector offers “compelling opportunities” over the next 10 years.

The fund, which will be run by Alastair Unwin with Alex Portz as assistant manager, will invest in a portfolio of 40 to 60 stocks, be regionally unconstrained and sit in the IA Technology and Telecommunication sector, using the MSCI World Information Technology Index as its benchmark.

Neptune chief executive Robin Geffen says: We believe the current moment offers a particularly compelling opportunity in the technology sector, which is still largely misunderstood by the wider market.”

He adds that the fund will be heavily invested in the US and Japan, where “many of the key technological disruptors are found”. The fund will launch on 15 December.

“It is right to acknowledge that there is a major risk that the broadening and acceleration of technological change over the next decade will weigh heavily on the returns of the stock market as a whole,” says Geffen.

“By investing in those relatively few companies that are benefiting from this generational change in technology we believe the Neptune Global Technology fund will enable clients to diversify away this very major risk to their portfolios’ returns over the next decade.”

Unwin joined Neptune in May last year to run the company’s global technology model portfolio. He was previously at Herald Investment Management.

The fund’s annual management charge is 0.75 per cent.



FOS freezes budget; plays down pension freedoms concerns

The Financial Ombudsman Service is planning to keep its budget flat as is plays down the impact of the new pension freedoms. It says the reforms, which came into effect in April this year, have “so far resulted in a relatively small number of enquiries and complaints reaching us”. It adds these mainly relate to […]

Pensions-savings-retirement-piggy bank

Greg Kingston: Sipp lessons from the Volkswagen emissions scandal

A few years ago I changed my car. Like many people I tried to do the right amount of research first. I looked at the options and specifications, including the performance and fuel economy. The latter is measured by a standard test, providing economy data for urban driving, extra-urban driving and a combination of the […]


Govt confirms advice requirement for tradeable annuities

Pensioners will be required to take “appropriate financial advice” before selling “higher value” annuities, the Government has confirmed. In the March Budget the Treasury launched a consultation on creating a secondary annuity market by 2017. It suggested an advice requirement to protect consumers when they give up a guaranteed income for cash. In an announcement […]

 Article 50 Q&A: The negotiations to watch for 

Holly Cassell, Assistant Manager of the top-performing Neptune UK Mid Cap Fund, discusses the potential near-term impact of Article 50 and the Brexit negotiations that she believes investors should pay most attention to. Read article here Important information  Investment risks  Neptune funds may have a high historic volatility rating and past performance is not a […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm