Over the past 20 years, and in collaboration with experts such as the Copenhagen Institute for Futures Studies, Pictet Asset Management has dedicated significant resources to the analysis of megatrends and how investors might profit from these powerful forces.
Our research has uncovered 14 distinct structural forces of change (Fig. 1) that, in turn, have provided the foundations for our distinctive family of megatrend-focused thematic equity strategies.
The development of our Water strategy shows how megatrends can give rise to investment opportunities.
In the late 1990s, we discovered that the water industry was about to be transformed by a number of environmental and societal trends.
Climate change and urbanisation – the seemingly unstoppable migration of the world’s population from the country to the city – threatened to speed up the depletion of the planet’s water resources. At the same time, cities worldwide were increasingly turning to private firms to manage their water resources.
As a result, many companies in the water industry were becoming more investible than they had been for years, prompting us to launch Water fund, the first of its kind and one that would concentrate investments in specialist providers of water preservation and recycling technologies.
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