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Sanlam
Sanlam Investments is launching an Asia-Pacific Artificial Intelligence fund, structured as an Ireland-domiciled UCITS fund.

The offering provides direct revenue exposure to companies in the Asia region which have the potential to harness the power of AI. It is a sister fund to the £800 million Sanlam Artificial Intelligence Fund and will be managed by Chris Ford and Giles Worthington who will use the same proven approach – including the managers’ bespoke AI application, Orbit – but with a regional focus on Asia-Pacific including Japan.
 
“We have long argued that AI is an important investment theme of long duration. Asia is at the leading edge of the revolution so it was natural to launch a fund with the capability of targeting companies specifically in this geographic area, which we believe will enjoy considerable competitive advantages,” Ford said in a statement about the new fund.

The fund will be available in a variety of share classes and at a reduced founder fee for a limited time, Sanlam added.