Invest in future growth sectors, not existing areas – PLSA
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The investment industry should find new sources of growth to help rebuild economies damaged by the coronavirus pandemic, rather than recycling existing wealth, pension and money management executives said.
As the world emerges from the ongoing health crisis, investors should focus on sectors where growth has stagnated over recent years, speakers at the second day of the Pensions and Lifetime Savings Association s annual investment conference agreed Wednesday. They said the pandemic has shown the extent to which economies rely on delivery or home-care workers, examples of areas of investment where investors should look for the next growth opportunities.