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AlphaCentric launches AlphaCentric Global Innovations Fund

Thursday, September 07, 2017
Opalesque Industry Update - AlphaCentric today announced the launch of its newest fund, the AlphaCentric Global Innovations Fund (GNXIX). The Fund is the only actively managed mutual fund dedicated to automation and robotics.

The AlphaCentric Global Innovations Fund invests in companies worldwide focused on innovation technologies, with robotics and automation comprising at least 75% of its portfolio. The equity-based strategy is fundamentally based on the belief that growth in robotics for workplace automation has reached a tipping point towards wide?€?scale adoption, and global spending on robotics is rapidly expanding. It is sub-advised by Pacific View Asset Management.

Within the robotics and automation space, GNXIX concentrates more than 25% of its investments in the machinery and electrical equipment industries. Additional invested industries include information technology, health care and telecommunication services. At least 40% of GNXIX's assets are invested in companies located outside of the United States, such as Japan, Germany and Israel.

"Since inception, AlphaCentric has focused on bringing alpha-driven investment strategies to all investors," said Jerry Szilagyi, CEO of AlphaCentric. "The AlphaCentric Global Innovations Fund relies on a proven investment strategy previously offered only as a separately managed account. Its core focus - investing in robotics and automation - makes this the only mutual fund of its kind, and positioned to capitalize on the increasing automation infiltrating every industry. We believe in both the continued positive trajectory of this sector of technology, and the due-diligence of the GNXIX investment team to identify promising innovative technologies."

"We are excited about our partnership with AlphaCentric for this Global Innovations strategy," said Brian Gahsman, the Fund's portfolio manager, who conceived the strategy in 2014. "The revolution in automation being led by robotics is a compelling long-term investment opportunity, and the partnership with AlphaCentric gives investors a unique opportunity to access it."

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