Bartolini cited various areas of focus within this new economy, such as intelligent infrastructure, smart transportation, clean energy, space exploration, and deep sea exploration.
“There are new industries that are being created and we want to be able to provide exposure to map to those (industries),” said Bartolini.
Kensho Technologies leverages alternative data and artificial intelligence to identify and analyze large amounts of data, from companies that are developing the products and services driving the new economy, including those in the entire ecosystem, such as suppliers and service providers, in addition to the pure play companies. State Street Global Advisors first worked with Kensho Technologies in December 2017, when it launched three ETFs tracking indices developed by the firm so the choice to utilize their services once again was a no-brainer.
“Kensho is a leading fintech firm–ranked number one by Forbes,” said Bartolini. “They were involved in the largest fintech deal ever (when) S&P purchased them earlier this year and we are leveraging their capabilities from a data science, artificial intelligence, machine learning perspective.”
State Street Global Advisors has a long heritage of sector and industry investing and is the longest tenured manager of sector ETFs with the largest and most liquid suite of Sector and Industry ETFs in the world. The firm’s suite of sector and industry ETFs now includes 40 funds with more than $175 billion in assets.
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