Rockefeller Asset Management (Rockefeller), the asset management arm of Rockefeller Capital Management, and UniCredit, a pan-European commercial bank with a unique service offering in Italy, Germany, Central and Eastern Europe, have partnered to launch the onemarkets Rockefeller Global Innovation Equity Fund. The launch represents the first time Rockefeller has partnered with an Italian institution around the distribution of such a fund.
The fund will be made available to clients across UniCredit’s network, via the bank’s onemarkets Fund range and seeks outperformance over global equities by identifying primarily large- and some mid-cap companies that are inspiring, enabling, and accelerating innovation driven by four multi-decade mega trends: (1) technology, (2) healthcare, (3) demographics, and (4) decarbonization.
The fund’s investment universe is focused on these four pillars and sixteen underlying sub-themes, and the investment team uses a rigorous and repeatable process to determine the investment thesis and the innovation thesis for each company in the portfolio.
“Our process aims to identify a diversified, core group of established companies where compounding, long-term returns are a biproduct of innovative solutions to society’s most pressing problems.” said Rolando F. Morillo, Co-Portfolio Manager for Thematic Investments at Rockefeller Asset Management.
“We believe the most innovative companies produce greater shareholder returns, build greater resilience over time, and are more likely to become tomorrow’s industry leaders due to their potential to create new markets that can provide them with long-term pricing power,” added Jose Garza, Co-Portfolio Manager for Thematic Investments at Rockefeller Asset Management.
“As we see it, the world is in the midst of a profound transformation driven by rapidly evolving technological advancements, and now is an ideal entry point for investors hoping to capitalize on the integration of these innovations into everyday life,” said Chip Montgomery, President of Rockefeller Asset Management International. “We believe this fund is a compelling opportunity for European investors seeking to capitalize on innovation and is a truly differentiated global equity offering in the European market.”
“At its core, our onemarkets Fund family is all about delivering bespoke, best-in-class asset management strategies to clients across our Group. Our partnership with Rockefeller Asset Management goes exactly in this direction – and we’re pleased to bring their skills and expertise on board via the onemarkets Rockefeller Global Innovation Fund, which will give investors exclusive exposure to the very best in innovation,” concluded Claudia Vacanti, Head of Group Investment & Protection Products, UniCredit.
Since inception in October 2022, UniCredit’s onemarkets Fund has expanded the range of investment solutions offered to the bank’s network clients – with funds developed both in house and through strategic partnerships with leading asset managers.
