The sports sector is showing exponential growth. Sales increase by 20 percent per year and are expected to generate a staggering $ 1.7 billion as early as 2021.
Established game developers get new sources of revenue through the growing sports sector without having to make major investments. Peripheral services such as advertising and rights for TV and streaming are expected to grow sharply.
Technology companies have proved resilient during the downturn in the stock market in the wake of the corona pandemic. The sports sector rather sees an increased interest and physical events can easily be made digital.
The fund is managed by Inge Heydorn, who has a solid background in the management of technology companies and who was previously head of analysis for the telecom sector at Deutsche Bank in London and global head of technology analysis at ABN Amro. Inge comes most recently from Sentat Asset Management - a company he founded himself and where he was responsible for the management of the hedge fund Thyra Hedge.
The market continues to worry, will the recovery continue? How will the rapid spread of the delta variant affect and how fast will inflation fall?
Investors now do not really know which leg to stand on, are we heading for new shutdowns driven by the Delta version of COVID or
March was a volatile month in which the market was driven back and forth by developments in long-term interest rates. We are now happy that we have the month behind us
If you are a private individual and want to buy shares in Finserve Global Technology Fund, you can do so with our partners.
Investing in mutual funds always involves a risk. The value of your investment can go up and down depending on factors that affect the market including interest rates. Historical returns are not an indicator of future returns. Investors may lose part or all of the invested amount. For more information on risks, read more in the fund's KIID and prospectus.
Copyright 2020 Finserve Nordic AB. All Rights Reserved
