Five Arrows defines its key criteria

Track record, investment process and resources will be key selection criteria for funds in the Five Arrows Independent Technology Plus+ fund which launches on 10 April. As exclusively revealed in Investment Week, the forthcoming fund of funds will buy into vehicles with a technology bias, including areas such as biotechnology and telecoms. The selection process first identifies a universe of over 100 technology funds both onshore and offshore. This is narrowed down to an investible universe of 45 funds, from which the 15 to 20 portfolio holdings will be chosen. Gary Potter, assistant dir...