UBS: Climate change and disruptive tech to deliver best equity returns of the decade – The National

UBS: Climate change and disruptive tech to deliver best equity returns of the decade – The National

Climate change and disruptive technologies will deliver the biggest returns for equity investors over the next decade, according to global wealth manager UBS.

Over the next 10 years, investors should seek out opportunities in the net-zero carbon transition and the “ABC” of disruptive technologies — artificial intelligence, big data and cybersecurity, the bank said, as it delivered its global investment outlook for the year ahead.

“Attaining net-zero is expected to require global investment in renewables of $50 trillion for each decade until 2050, with 50 per cent of emission reductions needing to come from underdeveloped technologies. This creates opportunity across green tech, clean air and carbon reduction solutions, and carbon trading strategies,” the bank said.