Exploring fintech opportunities
Invest in the companies reshaping the world of financial services
The world economy continues to enjoy a long runway on its steady transition from cash to digital payments, as 60% of global transactions still take place in cash1. We believe this persistent shift has the potential to drive huge opportunities in consumer, software-enabled and business-to-business payments.
The digitisation of financial services
The digitisation of processes that used to be done manually can make a firm’s operations cheaper and more efficient and often helps them achieve better end-customer experiences. We think digitisation can also deliver financial services solutions to new markets and underserved populations, like the roughly two billion adults worldwide that do not have access to bank accounts.
Most banks’ IT systems were built in the 1980s and are ripe for improvements. In our view, this space has reached an inflection point as banks turn from defensive regulatory spending to offensive investment in growth. We think fintech firms will be key beneficiaries as banks look to upgrade their systems.
Why Wellington for FinTech?
Our team of seasoned specialists has the experience and expertise – in both financial services and technology – to identify the companies driving the next generation of financial services.
Experienced portfolio manager
Bruce Glazer has more than 27 years’ industry experience in the technology and business service sectors, with specialisms in the analysis of transaction and information processing, and information technology professional services.
Pure-play investment approach
Invests in companies where the primary growth driver is to drive or use technology to deliver the next generation of financial services.
LATEST INSIGHTS ON FINTECH
Wellington FinTech Fund
The Wellington Fintech Fund seeks long-term total returns by investing primarily in companies globally that leverage technology to enhance or disrupt traditional financial services. The Fund uses fundamental, bottom-up analysis and active stock selection to build a portfolio of companies which the team believes have attractive business models, long-term growth potential and deep management expertise.
Wellington Fintech Fund
12-month returns (%, USD)
Nov 2019 –Oct 2020
Nov 2018 – Oct 2019
Nov 2017 –
Nov 2016 –
Nov 2015 –
Wellington Fintech Fund
Past performance is not indicative of future returns, an investment can lose value. Source: Morningstar. Figures are USD, class D Acc USD Uhdg, net of fees. Benchmark is MSCI AC World Net USD. Data as at October 2020. Fund launch date October 2018*
All investors should consider the risks that may impact their capital, before investing. The value of your investment may become worth more or less than at the time of the original investment.
Select a risk to learn more about it.
CONTACT THE SALES TEAM
Head Portfolio Advisors EMEA
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DISCLOSURES & FOOTNOTES
© 2020 Morningstar, Inc. All rights reserved. The information contained herein:
(1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Rating is based on S Acc Unhg. Ratings are not a recommendation.