Strategies
Invested thematics
A theme is investable when it has a date, a sequence and a listed supply chain.
Why we invest by theme
A theme is only investable when it has a date, a sequence and a listed supply chain. Without a date it is a preference; without a sequence it is a hope; without listed exposure it is somebody else's private placement.
Each strategy below therefore states what it reads, in what order it expects the capital to arrive, and where the reading could be wrong. That last part is the one most thematic funds omit.
-
China Decarbonization 2060
A listed-equity thematic on China's path to carbon neutrality by 2060: generation, grid, storage and the industrial demand that follows.
Open
-
China Robotics
Automation as industrial policy: patents, installations and the localisation target behind China's robotics build-out.
Open
-
US Infrastructure
A graded deficit and an appropriated response: roads, bridges, dams, airports and schools, and the listed firms that rebuild them.
Open