Megatrends 360 - Digital and Real Infrastructure to Support Growing Cities
Cities across the globe are in need of both digital and real infrastructure replacement and innovation.
Megatrends 360° - Meeting the Needs of a Rising EM Middle Class
Investment implications
- A growing share of consumption is driven by emerging market economies.
- As EM consumers aspire to affluent DM lifestyles, opportunities in the global luxury market will likely continue to grow.
- Companies supplying new middle-class urbanites with consumer and durable goods in EMs provide potentially attractive investment opportunities.
- Debt, equity, and real estate investments focused on the evolving needs of the new domestic consumer classes in EMs should thrive: healthcare, pharmaceuticals, consumer durables, as well as leisure and recreation.
- In addition to growth in e-commerce, major EM cities will need brick-and-mortar retail geared towards luxury shopping, while second-tier cities may require more retail outlets of all types to cater to the growing urban middle class.
- More affluent populations and convergence of global diets create opportunity for meat producers.
- Irrespective of the latest food trend, seek out leading packaging firms as well as equipment makers.
Real GDP growth in emerging markets has outpaced developed markets
PGIM Megatrends Series
Long-term views on the investment implications of global megatrends.
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Explore Other Megatrends 360° Themes
Megatrends 360 - Health Care & Medical Devices for an Aging Population
An aging global population requires new approaches to healthcare and provides opportunities for investors.
Megatrends 360 - Leapfrogging into the Digital Age
Emerging markets provide the ideal environments for new technologies and their adaptation.
References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities. The securities referenced may or may not be held in the portfolio at the time of publication and, if such securities are held, no representation is being made that such securities will continue to be held.