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Even portfolios can go vegan

WHILE the megatrends described above might seem dauntingly huge, some experts urge us to consider incorporating a smaller thematic trend – changing diet – into our investment decision-making.

Keith Bowman, analyst at Interactive Investor, says investment in plant-based food is ‘huge’. He adds: ‘In November last year, Unilever announced a new annual global sales target of €1 billion from plant-based meat and dairy alternatives, within the next five to seven years. Vegan alternatives for some of its brands – including Hellmann’s, Magnum and Wall’s are being eagerly pursued.’ Chelsea Financial’s McDermott says this plant-based trend is here to stay. He says: ‘As the world’s population grows and middle- classes become established across countries, so diets will change. From an environmental point of view we really will not want any more meat eaters so plant-based food will become the norm rather than the exception.’

Investment funds operating in this area include Pictet Nutrition as well as Sarasin Food and Agriculture Opportunities.

Wealth

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2021-06-06T07:00:00.0000000Z

2021-06-06T07:00:00.0000000Z

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