Megatrends that will shape investment growth
By Kirsten Hastings, 31 Jul 18
There are nine key megatrends that will have a big impact on the investment philosophy of the future, according to research by RBC Wealth Management, part of the Royal Bank of Canada.
The geopolitical and global macroeconomic developments that have emerged in the last few years, from spikes in market volatility and fluctuating currencies to concerns over global trade and conflicting actions from governments, have created uncertainty for investors.
While each of these factors may appear unconnected, from an investment perspective, there are many that can be traced back to a number of megatrends that are reshaping the world.
Technological transformation is powering the fourth industrial revolution; the increasing power of the millennial generation will continue to influence business; a growing population will drive modernisation in food production and environmental conservation.
Click through the slides above to see the nine megatrends RBC believes investors and advisers should be keeping an eye on.