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Energy, materials sectors could rise as face of globalisation changes

Jude Chan Published on Wed, Apr 19, 2017 / 1:34 PM GMT+8

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SINGAPORE (April 19): With an increase in protectionist rhetoric and a slump in world trade, the face of globalisation is changing.

David Polak, an investment director at financial services firm Capital Group, believes global trade in physical goods is being replaced by increased flows of data and information.

Instead of investing in rising world trade, Polak says Capital Group’s New Perspective strategy is to invest in nimble multinationals that can benefit from changing patterns of global trade.

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Energy, materials sectors could rise as face of globalisation changes