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Why one fund manager has been snapping up shares of Intel and Amazon

·2 min read
Why one fund manager has been snapping up shares of Intel and Amazon
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“Disruptive” is the adjective that every fund manager seems to look for when making investments, trying to find the companies that will monopolize, or come close to monopolizing, a given sector with a wave of innovation. CPR Asset Management’s Global Disruptive Opportunities Fund, which is targeted to European and Asian investors but is mostly invested in U.S. companies, has that adjective in its title. The fund manager reports that it has increased its stakes in microchip maker Intel and online retailing behemoth Amazon this year.