Eastspring Investments, the Asia-headquartered asset management business of Prudential plc, yesterday announced the launch of the Eastspring Investments – Asia Technology Innovation fund in Singapore and Hong Kong.

Managed by lead portfolio manager and head of the Asia tech team, Eric Lin and co-portfolio managers Louis Cheng and Jack Hsu, and head of growth equities, John Tsai, the fund will also be progressively available to other select markets in the region.

The fund is driven by a high conviction, actively managed strategy focused on the rise of Asian innovators powering the next wave of technology and AI, according to a statement by Eastspring.

“Technology continues to reshape industries, business models and everyday life at an unprecedented pace,” said Vis Nayar, chief investment officer, Eastspring Investments.

“Many of today’s most successful tech companies are household names and often large global companies. But the real engine behind them lies deeper – in the chips, hardware and infrastructure that make innovation possible. And much of that is built right here in Asia.”

 “From semiconductors to supply chains, Asia plays a central role in powering global technology. But we will still have to be selective and active management is critical in identifying the most compelling opportunities while navigating the sector’s inherent volatility.”

The fund spans both established leaders and emerging innovators and provides exposure to Asian companies powering well-known global technology companies.

“Asia is at the centre of global technological transformation, supported by world-class manufacturing ecosystems, increasing digital adoption, government-led initiatives and a growing pool of innovation leaders. This strategy taps into Asia’s understated yet critical role in global technology supply chains,” added Salman Haider, chief distribution officer, Eastspring