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Santander Asset Management has launched a new investment fund on the themes of the future domiciled in Luxembourg, which allows its commercialization in the different geographies in which the Santander group is present, starting with Spain, United Kingdom, Germany, Portugal, Chile, United States and Switzerland.The ‘Santander Future Wealth’ fund, managed by the manager’s quantitative strategies team, identifies three major trends on the future of society, technology and the planet, and divides them into 18 sub-themes such as medical technology, robotics, the energy transition or the future of transport.
Each of these megatrends will account for around 33% of the fund and to ensure that all are represented, each of the subtopics will weigh at least 2% and a maximum of 9%. These thematic investments are reviewed monthly in a committee made up of the manager and the private banking system of Banco Santander.
‘Santander Future Wealth’, which can invest in funds, stocks or ETFs, offers solutions focused on new innovative companies that are leading the application of new technologies and trends.
Additionally, and to complement the range, the manager has launched a pension plan with the same philosophy in Spain.
The Santander Wealth Management & Insurance division is going to use this fund as a vehicle to materialize its new ‘Future Wealth’ advisory framework, launched by Santander Private Banking to give a greater role to innovation in clients’ investment portfolios.
“Santander Future Wealth is focused on discovering the new emerging leaders who are benefiting the most from this dynamic ecosystem, helping our clients to position themselves in the best opportunities,” said Víctor Matarranz, head of Santander Wealth Management & Insurance.