AMWatch

LGIM sees digital payments revolution as a big investment opportunity

As the world moves increasingly towards a cashless economy, Head of Nordics at Legal & General Investment Management Anders Arjes sees "sustained demand from investors for targeted exposure to the long-term, structural trends that are changing our world".

Howie Li, Head of ETFs and Anders Arjes, Head of Nordics at LGIM. | Photo: LGIM PR.

Digital payments revolution and transition to a cashless economy offers significant growth potential for investors, says Legal & General Investment Management (LGIM), which has launched a digital payments fund providing investors with exposure to digital payment technologies.

The new fund, called L&G Digital Payments UCITS ETF, invests in companies in the digital payments value-chain listed in South Korea and Taiwan, which have a minimum free float market capitalisation of USD 200m (EUR 163m).

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

SSGA launches HY index fund with ESG screens in effort to convert active investors

95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.

Further reading

Related articles

Latest news

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch