Having $1,5 billion of assets under management, a global asset manager Invesco now offers an investment fund focused on the metaverse
Invesco asset manager launches metaverse fund. Source: Depositphotos
Invesco Metaverse Fund (INEIBBA) invests in large, medium, and small-cap companies across the Metaverse Value Chain. That will encompass not only the businesses which create immersive virtual experiences per se, but also those that help facilitate, create, or benefit from the growth of metaverse technologies.?
The fund is an actively-managed equity investment vehicle headed by Tony Roberts and James McDermottroe, both part of Invesco’s UK-based Asia and emerging markets team. They will distribute assets under management into seven key thematic areas, including next-generation operating and computer systems, hardware and devices that provide access to the Metaverse, immersive platforms developed with AI, blockchain technology, digitisation of the real economy, and networks for hyper connectivity.
Invesco
The fund’s performance will be measured against the MSCI AC World (Net Total Return) benchmark, while its management fee will be 0.75%.?
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Nina Bobro
Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.
