Nowadays, all sensible infrastructure companies are digitalised and it makes sense for companies and countries to protect themselves from hackers.
This is according to Citywire + rated Patrick Kolb, who has received the second best positon in Citywire's ratings in the equities – Global Themes space.
‘When a company or a state is looking for a security provider for digital infrastructure, they won’t be looking at the costs but rather at the market leader, and the best product for these sensible and important tasks.’
He added that the fund is benefiting from society's increase in digitalisation.
In his CS (Lux) Global Security Equity Fund B USD fund, Kolb invests 25% in IT security.
This is the biggest position of the fund, which invests in: crime prevention, transport safety, health prevention and environmental protection.
‘In these five themes we see the biggest growth opportunities in the long term,’ Kolb said.
The top three positions in the fund, according to the December factsheet, are IDEXX Labs, which develops services for companion animal veterinary, biotechnology developer Thermo Fisher Scientific and locomotives producer Wabtec.
The case for robots
The manager has been running the security-focused strategy since 1 March 2007 and has recently taken over the responsibility of further funds at Credit Suisse.
He started on the Credit Suisse (Lux) Global Robotics Equity fund, launched in July 2016, which aims to benefit from one big mega trend – robotics.
‘Investments in robotics are attractive based on rising labour costs. The trend is developing towards automated work done by robots. While labour costs for human employees tend to rise further, costs for robots are going down,’ Kolb said.
In this fund, 40% is invested in companies that produce robots to achieve higher productivity. A further 30% of companies in the strategy focus on improving quality of life and the final 30% of the fund is invested in firms that produce robots to carry out difficult tasks.