Montanaro Global Innovation Fund

The Fund invests in Small and MidCap companies quoted in global markets that are leaders in technological innovation; benefit from new technologies and innovation; develop products, processes or services that will provide or benefit from technological advances and improvements throughout the world. 

The Fund aims to achieve capital growth in excess of the MSCI World SMID Cap Index.

The full investment objective and policy for the Fund is stated in the Fund’s prospectus.

The Fund is domiciled in Dublin and classified as Article 8 for the purpose of SFDR.

Why invest in Small & MidCap for Technology?

  • A large investment universe of 1,500 companies (ex-Healthcare)
  • A paradise for stock-pickers – many great businesses
  • Smaller companies are less prone to break-up / antitrust backlash / higher taxes

How to invest

The Fund is available through various platforms:

Alternatively, find out about the other ways of accessing this fund.

Fund managers

Co-Fund Manager

Guido Dacie-Lombardo

Guido Dacie-Lombardo

Analyst / Fund Manager

Professional

Guido graduated from the University of Cambridge in 2008 with an MSci in Experimental & Theoretical Physics. He joined Rothschild in London where he advised UK and European clients on mergers and acquisitions, as well as a range of general corporate finance issues.

After six years with Rothschild, Guido joined Montanaro in 2015 as an analyst covering the Software, IT Services and Electronic Equipment sectors. He is the lead manager of both the Montanaro UK Income Fund and the Montanaro Global Innovation Fund.

Guido joined Montanaro in 2015.

Qualifications

  • MSci in Experimental & Theoretical Physics, University of Cambridge (2008)
  • Bilingual in English and Italian
  • Chartered Financial Analyst (CFA)

Personal

In his spare time, Guido relaxes by playing the piano, trying to compose music or cooking a new dish. If he’s feeling more energetic he can be found on the golf course or the ski slopes, and he enjoys playing snooker, squash and football. Guido also loves packing his weekend bag to explore the English countryside or a European city, particularly when combined with tasty local food. When he has the time for longer breaks, he explores further afield – most recently a three-week trip to Japan to experience the beautiful autumnal foliage (and of course the wonderfully varied and delicious food!).

Co-Fund Manager

Yannis Gidopoulos

Yannis Gidopoulos

Analyst / Fund Manager

Professional

Yannis joined Montanaro in September 2019, after spending the summer with Lazard Asset Management as a Research Analyst. Having graduated from Durham University in July 2019 with a degree in Philosophy, Politics, and Economics, Yannis’ first internship was with Alpha Trust Asset Management in 2016. Internships followed with the Venture Capital fund of First Athens, and with Legal & General Investment Management in the summer of 2018. Yannis is bilingual in Greek and English.

Yannis joined Montanaro in September 2019.

Qualifications

  • Degree in Philosophy, Politics and Economics - Durham University (2019)
  • Bilingual in Greek and English

Personal

When out of work, Yannis is likely to be spending his time doing one of three things: drinking coffee; watching Liverpool FC; or reading up on continental European philosophy (in that order of importance). A County Badminton player who is now out-of-practice, he dabbles in racket sports, and particularly enjoys playing football. Visiting his reasonably large Greek family also keeps him quite busy! When he gets a break, he plans to go island hopping in the Aegean.

Co-Fund Manager

George Cooke

George Cooke

Head of Fund Management

Professional

George graduated from the University of Nottingham in 2005 with an undergraduate degree in Management Studies. He spent a further year of study there at the end of which he was awarded a Masters (with Distinction) in Corporate Strategy & Governance.

Immediately following this, he joined the graduate scheme at Aon Benfield (formerly Aon Re). Having completed this scheme, George settled as an Analyst within the ReSolutions department where he specialised in assisting with the capital and runoff issues of insurance and reinsurance companies. During his time at the company, George received a Diploma in Insurance. He is also a CFA Charterholder.

After three and a half years with Aon Benfield, George joined Montanaro in July 2010. George is Head of Fund Management and is the Fund Manager of the European Smaller Companies Fund, the European Smaller Companies Trust and the Global Select Fund.

Qualifications

  • BA (Hons) in Management Studies, University of Nottingham (2005)
  • MA (with Distinction) in Corporate Strategy & Governance, University of Nottingham (2006)
  • Exams passed for Diploma in Insurance
  • Chartered Financial Analyst (CFA)

Personal

When away from the office, George enjoys running and cycling. He completed the London marathon in 2014 and plans to try l’etape du tour…one day. A yearly trip or two to the Alps or Canada allows him to refresh his snowboarding ‘skills’, with his enthusiasm almost making up for any apres-ski induced balance issues.

Independent Advisory Committee

Professor David Gann

Chairman

Anne Glover

Dr Axel Heitmueller

Benedict Evans

Professor David Gann

Chairman

David Gann has over 30 years of experience in the fields of innovation and technology.

David is Chairman of the UK Atomic Energy Authority and a member of the UK Government's Innovation Expert Group. He was a member of the Department for Health and Social Care Technology Advisory Board. He Chaired the Smart London Board from 2012 to 2017 reporting to two Mayors of London.

David is also a Non-Executive Director of Directa Plus Plc, a graphene company; Non-Executive Director of VenCap International plc, a venture fund-of-funds. He is a member of NEC's Advisory Council. He has worked with many entrepreneurs, technology ventures and large engineering and technology firms, including as Group Innovation Executive at Laing O'Rourke plc from 2007 to 2011.

Anne Glover

Anne co-founded Amadeus Capital Partners in 1997 and has been an active venture capitalist for over 30 years.

Anne started her career in the Unites States where she worked at Cummins Engine Company and Bain & Co. Upon her return to the United Kingdom she joined Apax Partners and became Chief Operating Officer of Virtuality Group before founding Amadeus in 1997.

Previously, Anne chaired the British Private Equity and Venture Capital Association from 2004 to 2005 and Invest Europe from 2014 to 2015. Anne was also a Non-Executive Director of the Court of the Bank of England in 2018. 

Anne is a member of the Investment Committee of Yale Corporation and early this year she was appointed as an external member of the Venture Capital Investment Committee of CDC Group, the UK’s development finance institution.

Dr Axel Heitmueller

Axel Heitmueller is Managing Director at Imperial College Health Partners, which supports the adoption and diffusion of best practice in healthcare.

Prior to this, Axel was Executive Director of Strategy and Business Development at Chelsea and Westminster Hospital NHS Foundation Trust and Deputy Director and Chief Analyst at the Prime Minister’s Strategy Unit in the Cabinet Office and No 10.

Axel has extensive experience in providing strategic and intellectual leadership and managing complex stakeholder networks.

Axel is also Visiting Professor at the Institute of Global Health Innovation at Imperial College.

Benedict Evans

Benedict Evans is a consultant, author, public speaker and technology expert.

Benedict has spent the past 20 years analysing mobile, media and technology data, and worked in equity research, strategy, consulting and venture capital. He is the author of Benedict’s Newsletter which has over 160,000 subscribers.

Benedict is a Venture Partner for Mosaic Vetures and Entrepreneur First and has been involved in these organisations since early 2020.

Contact our sales team

UK Wealth Managers

Harry FitzGerald

IFAs - South

Daniel Powner

France, Benelux, Italy, Scotland, Spain & Switzerland

Christian Albuisson

IFAs – North

Chris Crier

UK, Ireland & Channel Islands

Tom Norman-Butler

Sustainable & Impact Investing

Ed Heaven

Harry FitzGerald

Client Relations Manager

Professional

Harry joined Montanaro in 2018 after graduating from the University of Exeter with a degree in Geography in 2018.

He spent three months in Myanmar working for Aequitas Holdings as a Management Intern which consisted of on the ground research into new business ventures for Aequitas. Harry also interned at Velocity Trade where he gained experience of Sell side sales and trading.

Harry is part of the Business Development team at Montanaro covering Wealth Managers across the UK.

Qualifications

  • BA (Hons) in Geography - University of Exeter (2018)

Personal

In his spare time Harry is an avid sportsman. He can be found regularly on the golf course, playing cricket for his local team in Kent, or watching Harlequins RFC at the stoop in Twickenham.

Daniel Powner

Investment Sales Manager

Professional

Dan graduated with a History degree from the University of Manchester in 2013. He soon moved to London and started his career in the investment industry working for Henderson Global Investors.   After this, he joined Jupiter Asset Management to work in the sales team, covering IFA’s in the Midlands, South West and East Anglia.  

Dan joined Montanaro in 2022 as an Investment Sales Manager and is responsible for clients within the Midlands and South West.  

Qualifications 

  • BA (Hons) in History - University of Manchester (2013) 

Personal

Dan grew up in Wolverhampton, so no surprise his childhood dream was to play in the old gold of Wolverhampton Wanderers. Instead, you will now find him watching the game or playing 5 a side football with friends when he can.   

Dan enjoys spending time outdoors and occasionally signs up for fitness challenges, most of which were great excuses to travel. He has completed the Rome marathon, a standard distance triathlon in London and half-Ironman triathlon in The New Forest, and a long-distance trail race around Lake Como. With the full Ironman too much of an ask, these days he prefers the calmness of a golf course, although has a lot of work to do to bring his handicap down.   

Contact Daniel

Email dpowner@montanaro.co.uk

Phone 02074 488600

Contact Daniel

Christian Albuisson

Head of Client Relationship Management

Professional

Christian graduated from the University of Grenoble in 1981, where he studied Politics & Law. His research on Scottish politics took him to Scotland where, in 1986, he joined Martin Currie Investment Management as an Investment Manager covering Europe and Asia. In 1988 he joined British Linen Bank, part of the Bank of Scotland Group, where he was in charge of European investments.

In 1990, Christian joined Edinburgh Fund Managers ("EFM") where he was responsible for managing the European Unit Trust and marketing in Canada and the US. After eight years at EFM, in 1998 Christian joined Kempen Capital Management (UK) where he was involved in the marketing and management of their SRI funds and also with marketing in Europe and Canada.

Christian is trilingual in French, English and Spanish.

Christian joined Montanaro in July 2006 and became Head of Client Relationship Management in 2011.

Christian has responsibility for Scotland, Belgium, France, Luxembourg, the Netherlands, Spain and Switzerland.

Qualifications

  • Politics & Law degree, University of Grenoble (1981)
  • Fluent in French, English and Spanish

Personal

As a fund manager, Christian sometimes took contrarian views. This may be why he left the South of France to move to cold and wet Scotland. Christian speaks French and Spanish and on moving to Scotland, even took (and passed!) an O-Grade in Gaelic.

He likes French and Italian wines and is currently learning Italian so he can visit the various producers during his holidays. For some years now, Christian has imported his favourite wines and champagne into the UK and he is often asked to present them at tasting sessions. His other great interests are Scottish history, literature, cinema and running (when the Scottish weather is not too bad). He also spends some time serving the French community in Scotland as an elected councillor.

He plans to go to the Gaelic college in Skye to improve his Gaelic. He loves the West coast of Scotland, one of the most beautiful parts of the world, when it does not rain and there are no midges!

Contact Christian

Email calbuisson@montanaro.co.uk

Phone 02074 488600

Contact Christian

Chris Crier

Head of UK Advisory Sales

Professional

Chris graduated from Sheffield Hallam University with a degree in Banking & Financial Management in 2013. Born and bred in Manchester, Chris quickly made the move to London to embark on a career in Asset Management, joining Neuberger Berman as Performance & Risk Analyst.

It didn’t take long for Chris to decide he wanted to work in distribution and in 2014 joined Goldman Sachs Asset Management to support both their wholesale and institutional sales teams within EMEA.

Keen to progress into a client facing role, Chris joined Columbia Threadneedle in 2015 as Business Development Manager, tasked with developing, growing and maintaining relationships with a panel of financial advisers, life co’s and key strategic partners across the U.K.

Chris joined Montanaro in 2018 and is responsible for targeting U.K. Advisory clients.

Qualifications

  • BA (Hons) Banking & Financial Management, Sheffield Hallam University.

Personal

Away from work, Chris sits on the members committee at The Lansdowne Club in Mayfair and is constantly looking at ways to improve the experience for its members. Chris is an avid Manchester United fan (yes – one of the few actually from Manchester) and goes to watch the games as often as he can. Chris enjoys the odd game of 5-a-side but feels he is more attuned to playing golf these days. He is also a big horse racing fan with his favourite meet being the Ebor Festival at York.

Chris loves to travel but rarely plans ahead, choosing instead to book last-minute flights to random destinations. He would like to become fluent in French one day and spent the odd summer during university working at Disneyland Paris. Unfortunately we are yet to find a photo of him dressed as Mickey Mouse.

Tom Norman-Butler

Head of Business Development

Professional

Tom joined Montanaro in 2009. After 2 years in the research team he moved over to Business Development becoming Head of the team in 2016. Tom covers wealth managers and multi-managers in the UK and the Channel Islands.

Qualifications

  • BSc (Hons) in Mathematics with French, St Andrews University (2007)

Personal

Tom is married and lives in South West London with his wife, daughter and crazy dog Clover.  Whenever possible he can be found on the golf course or watching cricket but more likely changing nappies or chasing his dog around Richmond Park.

Henrik Schmidt

Consultant

Professional

Henrik completed an MSc in finance and business administration after studying at the University of Linkoping in Sweden and in St. Gallen, Switzerland.

He started his professional career in 2000 at Merrill Lynch where he worked in equity research covering software and IT services companies. In 2001 he joined Lehman Brothers, where he spent 3 years as an Analyst, working on the European banks team.

As the lead Analyst on the Nordic banks he was writing company, sector and thematic reports. After that he spent 4 years at KBW and 3 years at Morgan Stanley, where he besides being the lead Analyst on Nordic banks also covered Emerging Market banks (Turkey and Russia) and wrote European banks strategy reports.

During his time as a bank Analyst he was voted the number one ranked Nordic banks Analyst in Europe. At Morgan Stanley the team also reached the number one position in Europe.

Henrik has responsibility for the Nordic region.

Qualifications

  • M.Sc in Finance and Business Administration, University of Linkoping in Sweden and in St. Gallen, Switzerland
  • Bilingual in Swedish and English

Personal

After growing up on the West coast of Sweden and living in Switzerland for a year and a half his biggest interests are boating and skiing. These days that boils down to a couple of weeks skiing per year and a little bit of boating in the summer. There is still that dream of spending a season in the Alps. Besides sports Henrik likes to travel. The perfect dream holiday would be to combine these two interest and go skiing in Alaska.

Ed Heaven

Head of Sustainable Investments

Professional

Ed joined Montanaro Asset Management in 2014 and is Head of Sustainable Investment. He first joined the City in 2007 with a start-up consultancy, before moving into asset management as a Portfolio Manager at Newton Investment Management and then Standard Life.

Ed leads the ESG and impact investment approach at Montanaro and has developed sustainable investment strategies, including the award winning “Montanaro Better World Fund”. He was instrumental in Montanaro achieving B Corporation certification in 2018. He chairs Montanaro’s Sustainability Committee and sits on its Executive Committee.

Ed was elected to the Board of the UK Sustainable Investment and Finance Association (UKSIF) in September 2023. UKSIF comprises a diverse range of 300+ financial services firms with assets under management of £19 trillion, committed to building a leading sustainable finance industry in the UK. Ed also serves as an independent member of the Medical Research Foundation’s Investment Committee, a charity dedicated to advancing medical research, improving human health and changing people’s lives for the better.

He also contributes to the Glasgow Financial Alliance for Net Zero (GFANZ) policy workstream. Previously, Ed Co-Chaired the B Corp Finance & Investment Working Group, collaborating with other financial services firms to promote best practices and initiatives in the sector, attending COP26.

Ed has completed the Sustainable Finance Course at the Cambridge Institute for Sustainability Leadership (CISL) and holds the CFA Institute Certificate in ESG Investing, and The Chartered Institute for Securities & Investment Diploma. He graduated from Durham University with a 2:1 BA (Hons) degree in Theology.

Qualifications

  • Durham University, Theology BA (Hons) 2:1
  • CFA Institute, Certificate in ESG Investing
  • The Chartered Institute for Securities & Investment Diploma
  • Sustainable Finance Course - Institute for Sustainability Leadership, University of Cambridge

Personal

Away from work, Ed is kept busy looking after his young family. An avid reader, Ed likes to relax by working his way through an ever-growing reading list. He is interested in the development of new technologies, particularly “AI” and in his spare time has completed Stanford Professor Andrew Ng’s course 'AI for Everyone'. When he can, Ed likes to travel, a highlight being a trip across the Middle East to Egypt, Jordan, Syria and Israel in 2005.

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