Lombard Odier Investment Managers launches Global FinTech strategy

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Lombard Odier Investment Managers launches Global FinTech strategy

Latest thematic strategy focuses on capturing value from the global expansion of financial technology services.

Lombard Odier Investment Managers (“LOIM”) has expanded its global trends offering with the launch of a new FinTech strategy, which aims to invest in the companies leading the technological and digital transformation of the financial services sector.

LOIM’s global trends offering captures themes such as digitalisation, consumer brands and healthy living, all underpinned by LOIM’s extensive expertise in sustainable investing. LOIM manages close to $2bn across several thematic strategies such as Global Fintech, Global Prestige and Golden Age.

LOIM’s Global FinTech strategy offers investors comprehensive access to firms across the fintech spectrum; from established companies with a global reputation, to those enabling financial and technological transformation in the industry, as well as future disruptors.

The strategy follows a high conviction stock picking process, founded in the continuous fundamental analysis of global markets, as fintech continues to drive the uptake of digital technologies across financial services industries. An active portfolio of around 50 well-diversified stocks is selected, following a disciplined analysis focused on their financial track record and business practices and a forward-looking assessment of the sustainability of their business models and valuation.

The investment team is led by Henk Grootveld, who joined LOIM in January 2020 from Robeco, bringing over twenty years’ expertise in thematic investment. The strategy is managed by Jeroen van Oerle and Christian Vondenbusch, who joined LOIM together with Henk. Jeroen has a specialisation in technology and was previously Portfolio Manager of Robeco’s Global FinTech Equities strategy. Christian is a highly experienced Senior Portfolio Manager with a demonstrated track record in thematic investing and a specialisation in financials.

Didier Rabattu, Head of Global Equities at LOIM, said: “Once again LOIM continues to demonstrate its commitment to focus on those sectors that provide sustainable growth opportunities for investors. We are pleased to introduce the Global FinTech strategy, led by a team with unrivalled expertise and strong track record.

“The rate of growth that fintech companies have experienced in recent years has been an area of great focus for investors. Their appetite to tap into the speed of fintech expansion, its rate of adoption by financial services firms globally and its impact on global markets has only increased with time, and as fintech strategies continue to filter into developing markets, the opportunities will be significant.”

Henk Grootveld, Portfolio Manager, Global Trends at LOIM, said: “For the last few years fintech has enjoyed a particularly strong rally as a result of the revolutionary role it has played in bringing traditionally physical finance activities, such as payments, transfers, security and financial management, online. In our view, COVID-19 has actually accelerated the digitalisation of financials services. The combination of an increased penetration of e-commerce, countries wanting to reduce the black economy and the hygiene factor are now driving us towards a cashless society even faster than before.

“At LOIM, we believe that the combination of structural growth and attractive valuation remains compelling. The global transition to a cashless society, greater financial inclusion through digital finance, the emergence of new financial services through lowered barriers to entry, the rise of technology ecosystems and cybersecurity are key features of financial services businesses we will aim to capture through this strategy.”

 

About Lombard Odier IM

Lombard Odier Investment Managers is the asset management business of the Lombard Odier Group, which has been wholly owned and funded by its partners since its establishment in 1796.

Our independent structure and our partners’ involvement in the day-to-day management of the firm allows us to focus entirely on our clients’ needs, fostering trust and alignment of interest. Throughout our history, we have been rethinking the old and embracing the new in our efforts to help our clients achieve their objectives in a changing world.

We provide a range of investment solutions to a group of clients that are all long-term oriented in their many and diverse ways. Our heritage, and our combination of the best of conservatism and innovation, keeps us well-positioned to create lasting value for our clients. Our investment capabilities span Fixed Income, Convertible Bonds, Equities, Multi-Asset and Alternatives.

Sustainability is absolutely central to our investment philosophy; we believe it is the founding principle of economic outcomes, and will drive investment returns over the long term.

With more than 140 investment professionals, we are a global business with a network of 13 offices across Europe, Asia and North America and have assets under management of 54 billion CHF (as at 31 January 2020).

 

For more information: www.lombardodier.com

 

Contacts

Celeste Herriger
Head of PR, Lombard Odier Investment Managers
Tel.: +44 20 3206 6167
 

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