RIYADH: Saudi asset manager SNB Capital has launched its first Megatrends Fund to offer investment opportunities across several transformative industries, according to a company statement. The fund looks to provide the necessary support to retail and institutional investors in accessing high-growth sectors, including global environmental, social and governance opportunities. Additionally, the fund is planning on investing in future-focused industries such as digital transformation, sustainable investments, and rapid urbanization. The company said the fund’s focus on disruptive industries would also allow investors to diversify their portfolio while taking advantage of SNB Capital’s expertise in terms of asset management. The statement added that investing in disruptive industries will also pave the way for global growth and propel the Kingdom’s industry and investment landscape. The fund is seeking to achieve long-term capital growth while aligning well with the sustainability pillar of Saudi Vision 30. “This fund provides our clients with a unique opportunity to access a best-in-class product that supports diversification and sustainability,” said SNB Capital CEO Rashed Sharif. Founded in 2007, SNB Capital is one of the leading asset managers in Saudi Arabia, focusing on innovating and identifying opportunities in new industries and technologies that will augment the economy’s future and daily lives.