Invesco Introduces a Metaverse-Oriented Investment Fund: Report

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Invesco Introduces a Metaverse-Oriented Investment Fund: Report
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The Invesco Metaverse fund will invest in American, European, and Asian firms that aid the development of the virtual reality world.

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The American investment management company – Invesco – reportedly launched a Metaverse fund, which will invest in large, medium, and small-cap firms that have stretched their operations to the virtual reality.

Tony Roberts will act as Manager of the feature, while James McDermottroe will serve as a Deputy Fund Manager. Both executives are part of Invesco’s UK-based Asia & Emerging Markets equities team. “While the Metaverse’s applications to entertainment are increasingly well-understood, the interconnectivity that it enables will likely have a transformative impact across industries as diverse as healthcare, logistics, education, and sport. We will seek to capitalize on these opportunities through a highly selective, valuation-conscious approach,” he added.

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