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Polar launches automation and artificial intelligence fund

Robot hand 0London-based investment manager Polar Capital has launched an automation and artificial intelligence fund.

The fund, which will focus on industrial automation, artificial intelligence, robotics and materials science, will aim to outperform the global equity benchmark the MSCI ACWI Index (TR).

The fund, which will be managed by Xuesong Zhao, Nick Evans and Ben Rogoff, will have sterling, euro and US dollar share classes available.

“We are launching this fund because we see a tremendous opportunity to add value across a wider range of sectors than our current mandates allow,” said Rogoff.

“Over the next three to five years we expect to see disruptive artificial intelligence uses emerge that should unlock significant value for investors.

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