Transcending the short-term noise to harvest long-term growth

Today’s economic victors will not necessarily dictate the winners of tomorrow. Technology is moving at a fast clip, accelerating disruption in numerous sectors across the globe. How can investors navigate this ever-changing economic environment?

Megatrends persist in shaping the landscape of the capital market, providing a foundation for guiding investment portfolios with a logical framework. These influential trends play a pivotal role in steering growth trajectories and reshaping profit dynamics.

Pivotal events, such as the UN Climate Change Conference (COP28), contribute to sustainable value creation, while ongoing conflicts like those in Israel / Gaza and Ukraine symbolize geopolitical fragmentation and the acceleration of a multipolar world. Meanwhile, trends like shifting demographics and the rise of AI will shape the economy going forward.

As we enter 2024, our preference in the context of the multi-thematic Vontobel Fund II—Megatrends leans towards overweighting themes with robust underlying drivers, such as Cloud Computing and Future Healthcare, and we believe the challenges faced by the Energy Revolution theme in 2023 are behind us. However, caution is advised concerning themes with weakening demand trends, such as Future Mobility, given the apparent plateau in the demand for electric vehicles.

We explore these trends, as well as Robotics, Smart Farming, Fintech and more, in detail in our 2024 Megatrends report.

DOWNLOAD