(Opalesque) AlphaCentric today announced the launch of its newest fund, the AlphaCentric Global Innovations Fund (GNXIX). The Fund is the only actively managed mutual fund dedicated to automation and robotics.
The AlphaCentric Global Innovations Fund invests in companies worldwide focused on innovation technologies, with robotics and automation comprising at least 75% of its portfolio. The equity-based strategy is fundamentally based on the belief that growth in robotics for workplace automation has reached a tipping point towards wide?€?scale adoption, and global spending on robotics is rapidly expanding. It is sub-advised by Pacific View Asset Management.