Covid-19 and global economic recovery; sustainability and ESG (environmental, social and corporate governance); automation and artificial intelligence; according to Reyl Group Financial Services’ white paper "When the Target Shifts", and the long-term effects of Brexit on trade The impact will be the four major trends that will shape the industry in the next decade.
It claims that Covid-19 is having a transformative impact on countless industries, fast-tracking new technologies that will not be introduced in five to ten years. If the introduction of vaccines is hindered, companies that quickly adapt to new ways of working will be the winners. Driven by increasing regulatory attention and investor demand, sustainability and ESG have now become an integral part of any sound investment strategy.
"Since the beginning of the pandemic, ESG has been an accelerator of comprehensive change," said Xavier Ledru, head of investment at REYL. "Every asset management company now has an ESG box to tick. This is partly motivated by the recently implemented public policies. Elsewhere, we have seen changes in energy consumption. Although fossil fuels have not yet completely replaced alternative energy sources. , But it’s clear that the rebalancing is underway."
"There is no doubt that investors are more interested in ensuring that companies comply with ESG requirements. Governments around the world are paying attention to this-we just held the G7 meeting in Cabis Bay and held COP 26 in Glasgow this fall. They will seek discussions," said David Petrie, head of corporate finance at the Institute of Chartered Accountants in England and Wales (ICAEW).
Petrie believes that the integrity of the supply chain will be on the agenda because compliance is becoming more and more important for products sold in many countries around the world.
Automation and artificial intelligence will help reduce the complexity of the business world. From blockchain to cloud technology, the streamlining of information technology will drive massive investment in the private market.
Nicolas Roth, Head of Alternative Assets, said: “There are two things you need to pay attention to when investing in AI. On the one hand, AI can be used as a buzzword to enhance the marketing of investment proposals, but there is little added value. On the other hand, many Companies are using artificial intelligence and machine learning in constructive ways. Many companies are sitting on large, undeveloped data sets that can improve efficiency.
Brexit will show its strength in the next few years. From a competitive corporate tax system to a collaborative entrepreneurial environment, there are many reasons to believe that the UK will show long-term resilience.
At the end of 2020, the United Kingdom and the European Union signed a historic trade agreement. Although this provides some much-needed clarity for the private market, there is still some uncertainty. For those who want to know how the UK will shape the private market, there are several reasons to believe in the UK's recovery, from its competitive corporate tax system to the fact that Brexit has led to greater flexibility in the labor market.
"Europe and the UK are highly integrated, and we need time to adapt," Ledru added. "However, I think the UK will show great resilience in the long run. We have seen this happening. Of course, there will be obstacles along the way, but for those who are concerned about the private market, many industries Still attractive."
In the United States, MHI, the American trade association for materials handling, logistics, and supply chain industries, in cooperation with Deloitte Consulting, is launching its ninth MHI annual industry report survey-to be released in March 2022. The purpose of the survey is to develop insights into the impact of emerging innovations in the supply chain and how companies can remain competitive and withstand global disruptions in fast-growing markets. The industry questionnaire is now open to individuals on its website. Involve people and share their opinions.
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