Alternative Investments/AI: European Investors Believe AI Is A “Compelling Opportunity”

Professional European investors believe the potential of AI is transformative.

Exchange traded fund (ETF) sponsor WisdomTree commissioned a survey by Coredata Research of professional investors across Europe on thematic investing. The survey found that a vast majority of these investors considered artificial intelligence as the most compelling long-term thematic investment opportunity. (INTERNATIONAL INVESTMENT)

Artificial intelligence and thematic investing

According to the survey, more than 70% of European professional investors consider AI as a highly compelling long-term thematic investment opportunity.

The believe that AI can transform industries, services, labour, and consumption. However, the technology is still only in its formative stages of adoption and application.

Other popular themes

The second most popular theme, about 60%, according to the survey, was Biotech. This is understandable because of the race to develop a coronavirus vaccine and accompanying research.

Cyber security, at 47%, was the third most fancied thematic investing option. It was triggered by the seemingly overnight transition to remote and home working as a result of the virus. Cyber security has suddenly assumed critical importance given the vast numbers of people working from home and outside the usually secure environment provided by the office technology and network.

Professional European investors also favored cloud computing.

Thematic investing earned solid returns during the pandemic

Ravi Azad, head of UK and Nordics, WisdomTree said: “Our research points to the growing popularity of thematic investing, which has benefitted from strong returns during the coronavirus pandemic. While AI, biotech and cyber security present compelling long-term opportunities, cloud computing has had a strong year as organisations have transitioned to the cloud quicker than experts anticipated. Once seen as a fad, thematics are becoming important building blocks in portfolio construction due to their long-term growth potential”.

Related Story:    A Big Fundraise, And An Acquisition, In Cybersecurity                                              

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
FinTech: China Tightens Antitrust Regulatory Screws On Fintechs
January 22, 2021     FinTech, Latest News, News, Regulations

The People’s Bank of China published a draft set of rules on Wednesday for anti-trust regulation of the non-bank payment providers in the fintech sector. The draft is in the…
Digital Assets: BlackRock Dips Its Toes In Bitcoin Waters
January 22, 2021     Digital Assets, Latest News, News

Filings out Wednesday show that the BlackRock Strategic Income Opportunities Portfolio and BlackRock Global Allocation Fund may invest in cash-settled bitcoin futures, among other assets. BlackRock (NYSE: BLK), the world’s…
Artificial Intelligence: AI Helping Manage Wind Farms By Forecasting Wind Conditions
January 22, 2021     Artificial Intelligence, News

AI is playing an increasingly bigger role in the management of wind energy, wind farms, and the maintenance of wind turbines through machine condition monitoring systems. Google (NASDAQ: GOOGL) predicts…
Alternative Investments/ESG: Harvest Portfolios Launches The Harvest Clean Energy ETF

Harvest Portfolios Group Inc. completed last week the initial offering of Class A Units of the Harvest Clean Energy ETF (TSE: HCLN). The units of the ETF commenced trading on…