Managers reveal the key global shifts powering their portfolios

From urbanisation and the rise of a new middle class in emerging markets, to a renewed focus on corporate governance, managers explain which global structural changes are having the greatest impact on their portfolios.

Christopher Sexton, investment director, Saunderson House Globalisation We are primarily focused on two structural changes likely to have the largest impact: developments in technology and the globalisation of markets in goods and services.  Both are highly deflationary, with the effects likely to be felt over decades, not years. Both are also double-edged swords. They should support faster economic growth and bring substantial benefits to consumers, but will also present severe challenges to many companies.  From an asset allocation perspective, these structural shifts mean there...