Kamco Invest, a regional non-banking independent financial powerhouse with one of the largest AUMs in the region, discussed 'Thematic Investing' and the importance of millennials in shaping the economic landscape at a webinar held in collaboration with Goldman Sachs Asset Management.

 

Goldman Sachs is an institution currently overseeing approximately $2 trillion in Assets Under Supervision worldwide as of December 31st, 2021.

 

Millennials are now moving into their forties, and with that aging comes further influence in their respective societies. They are the major voting segment and are now beginning to shape how the direction of change in the world will look like moving forward.

 

The aim is to capture that influence in opportunities through their investment in companies participating or will continue to participate in that change. 

 

Al Othman noted that technology is no longer a part of a single sector as recognized by developed market indices. Rather technology is a cornerstone of the evolution of virtually all sectors and industries. 

 

Wiseman indicated that it is quite evident that portfolios that have focused on only tech and growth-oriented opportunities have suffered a great deal with the recent pullback in prices of those companies. A thematic portfolio allows an investor to be diversified across multiple areas of the market but remain revolved around a single core theme. This is the essence of thematic investing.

 

Faisal Al Othman, Director of International Investment Services at Kamco Invest led the discussion with his guest Richard Wiseman, a senior client portfolio manager for Goldman Sachs Asset Management’s Fundamental Equity team, responsible for global developed market equities and cover an area of thematic investing focusing on Millennials. 

 

AlOthman started by emphasizing the role Kamco Invest plays in constantly identifying areas of the market that fit the interest and objectives of their investors. More importantly, it provides access to such investment opportunities on a custom-tailored basis. Specialized teams oversee that initiative and engage their clients on thoughts and ideas on how to exploit the market in return for consistent and long-term performance. He initiated the discussion revolving around the importance of demographics in identifying viable, long-term, and sustainable investment ideas and opportunities.

 

Wiseman provided a brief overview on the focus of his team in the realm of thematic investment including analyzing opportunities that are cyclical in nature, their qualities and when an opportune time would be to capitalize on them in the context of a portfolio that meets their clients’ needs. Their aim is to create diverse portfolios of global equities that are multi-regional and multi-sector/industry in nature with a specific focus on the application of demographics in the search for those opportunities.