Economics / Finance. Santander AM launched a Future Topics Fund in Luxembourg, which will be commercialized in Spain

The director launched a retirement plan with the same philosophy in Spain

Madrid, 25 (Europe Press)

Santander Asset Management has launched a new investment fund on future themes based in Luxembourg, which allows it to be marketed in the different geographical areas in which the Santander Group is present, starting with Spain, the United Kingdom, Germany, Portugal, Chile, the United States and Switzerland.

The Santander Future Wealth Fund, managed by the Director’s Quantitative Strategies team, identifies three major trends about the future of society, technology and planet, and divides them into 18 sub-topics such as medical technology and robotics, energy transition or the future of transportation.

Each of these major trends will account for approximately 33% of the fund and to ensure that everyone is represented, the weight of each subtopic will be at least 2% and a maximum of 9%. These thematic investments are reviewed monthly by a committee made up of the director and the private banking system of Banco Santander.

Santander Future Wealth, which can invest in funds, stocks or ETFs, offers solutions focused on innovative new companies that drive the application of new technologies and trends.

Additionally, to complement the scope, the director launched a pension scheme with the same philosophy in Spain.

Santander Wealth Management and Insurance will use this fund as a vehicle to embody the new advisory framework “future wealth”, launched by Santander Private Banking to give a greater role for innovation in clients’ investment portfolios.

“Santander Future Wealth is focused on discovering the new emerging leaders who benefit the most from this dynamic ecosystem, and helping our clients place themselves at the best opportunities,” said Victor Matarans, President of Santander Wealth Management and Insurance.

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