ESG, technology sector top priority for investments in Asia – MENAFN.COM

ESG, technology sector top priority for investments in Asia – MENAFN.COM

Companies with a strong focus on Environmental, Social and Governance (ESG) and technology as a sector are the key choices of investment in the Asia market amidst the pandemic, revealed The Continental Group in a recently concluded webinar titled 'Investment Opportunities and Challenges in Asian Markets – Discovering the potential in emerging markets'. Neelam Verma, vice-president and head of investments, The Continental Group, said:"The Asia Pacific investment market is known as the engine of growth within the world economy. China has risen to new heights with its global predominance over the last two decades while India is predicted to become the third largest economy by 2030. With the dividend culture being firmly ingrained within many Asian countries, perception of Asia is gradually shifting into an income gaining investor market as opposed to a market focused only on long-term growth. India has raised more than $8 billion in IPOs this year. If the IPOs in India continue at the same pace, we will end up with more than $12 billion worth of IPOs." In a poll conducted by Continental, 78 percent of respondents chose ESG as the trending choice whereas 66 percent preferred the technology sector, 24 percent preferred pharma while