Nikko Asset Management launches global disruptive innovation fund

SYDNEY - Nikko Asset Management Australia and US-based ARK Investment Management today launched their Nikko AM ARK Global Disruptive Innovation Fund, a global equity portfolio solely focussed on disruptive innovation.

ARK’s disruptive innovation strategy involves investing in the leaders, enablers and beneficiaries of innovations centred on robotics, automation, energy storage, genomic sequencing, and next-generation internet technologies.

ARK defines disruptive innovation as the introduction of a technologically-enabled new product or service that permanently changes an industry landscape by creating simplicity and accessibility while driving down costs. 

Catherine Wood, Founder and CEO/ CIO of ARK said the Fund would enable Australian investors to access early-stage and emerging companies through listed global equity markets.

“We believe this offers long-term growth without the high costs and illiquidity typically associated with similar investments accessed through venture capital funds,” she said.

ARK is an affiliate of Nikko AM via an equity stake, which Nikko AM acquired in August 2017 to enhance its disruptive innovation-focussed investment solutions.   www.nikkoam.com.au (ATI).