Pictet AM Smarts
Welcome back to Pictet AM Smarts, our regular roundup of articles analysing the trends shaping the economy, markets and society. In this month's newsletter, our experts explore the investment opportunities in private equity, thematic tech and fixed income. We also share an innovative approach to investing in the sustainable transition. Happy reading!
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Why private equity is the key to unlocking European growth
Europe's mid-cap companies, those with revenues of EUR30-300 million, form a market largely untapped by private equity with only 1.5% of such companies receiving PE capital each year according to Invest Europe/EDC. Ed Buckley, co-head of Private Equity, explains how he's unlocking growth by helping companies capitalise on long-term trends and funding their expansion. Research also shows that investing in those mid-caps when economic conditions are tough tends to be rewarding for investors - he explains why.
Four tech sectors that benefit from the growth of AI
ChatGPT has created excitement around AI but will it truly transform our lives, and how much of a focus should it be for investors? Our thematic tech team believes Generative AI is only one small part of a technological revolution, and that investment opportunities are much broader than headlines suggest. They highlight the four tech sectors that could benefit from this transformation.
Bonds look good, whether the landing's hard or soft
The investment case for holding bonds and credit is the best it’s been for at least two decades. Yields across the fixed income universe are high enough to protect investors against significant amounts of market volatility while still delivering a positive return, argues Jon Mawby, co-head of Absolute & Total Return Fixed Income.
领英推荐
"Barring extreme outcomes – a global depression, for instance – sovereign debt and large parts of the credit market offer exceptional value. Indeed, it’s the sort of value last seen in the mid-1980s in some instances."
Positive Change: the winning companies of the future may be early in their sustainability journey
Investment managers Evgenia Molotova and Yuko Takano have developed an innovative approach to investing in the sustainable transition as they explain in this video.
Some more reading:
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