American Beacon Advisors, Inc., providers of investment advisory services to institutional and retail markets, has launched its American Beacon ARK Disruptive Innovation Fund. This is designed to support investments into disruptive technology such as bitcoin and block-chain technology.
Gene L. Needles, Jr., chairman, president and CEO of American Beacon, said: “We are excited to launch our first product with ARK and provide our clients with greater access to their investment expertise. This Fund represents the best ideas across all of ARK’s innovation-based themes and will likely have a low correlation to traditional investment strategies.”
The types of disruptive innovation companies that the Fund expects to invest in are those companies engaged in research relating to genomics, industrial innovation and automation, shared technology and the internet, or financial services/fintech, among others. ARK uses internally generated and externally sourced research and analysis to assemble an array of information from which to identify disruptive innovation companies. The sub-advisor’s process for identifying investments uses both ‘top-down’ – macro-economic and business-cycle analysis – and ‘bottom-up’ – valuation, fundamental and quantitative measures – approaches to identify investment opportunities.