Embrace thematic investment, steer clear of value play: CPR AM fund manager
Singapore
GIVEN challenging economic conditions, investors should steer clear of value stocks and look to long-term growth opportunities within thematic funds, which are expected to gain traction globally, said CPR Asset Management (AM) deputy head of global thematics equities Estelle Menard.
Thematic funds allow investors to park their money under particular themes influenced by macro trends in the world, typically driven by innovation or socio-economic factors.
CPR AM, a wholly owned subsidiary of Amundi Asset Management, formed its global thematics equities team four years ago and now manages 10 billion euros (S$15.2 billion) under thematics investment, more than dou…
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