The US investment giant BlackRock believes five megatrends will drive growth for some companies and assets over the next decade.Over the past two decades, investors have seen massive returns from companies that benefited from the internet or advances in communication, particularly smartphones.
Now, investors are looking towards the next big thing and BlackRock has identified five megatrends that it believes will drive above-average growth for companies that can benefit from these developments over the next decade. This will have a huge impact on companies that are dependent on growing populations and greater consumption in some areas of the world.Artificial intelligence has already started to drive returns, but only for a limited number of companies. AI will start to benefit more companies and as it brings risks, it will also bring opportunities.
A multipolar world is taking its place, where countries are increasingly at odds and competing with each other.
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