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).
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