Sustainable investing, bitcoin and health tech could offer higher returns as inflation gathers pace
- Sustainable investing, health tech and cryptocurrencies can offer protection against inflation, banking and finance experts tell the Post’s China Conference
- With the risk of inflation looming large, experts advising investors at financial firms and banks point to asset classes that offer better returns
The uncertainty over central banks’ policy responses to get the global economy on track in the post-Covid-19 era is causing inflation worries to rise, leading investors to look for higher returns, banking and finance experts told the China Conference organised by the Post.
The growth outlook remains robust over the next one to two years, said Paul Colwell, head of advisory portfolio group and senior director at Willis Towers Watson.
“[We see] the highest level of uncertainties around inflation in probably three decades,” said Colwell, who expects inflation of 3 per cent over the course of the next three years. “Our concern is whether that would force the Fed to act sooner than they want to act to maintain economic growth.”
The US Federal Reserve has signalled that it would keep interest rates at near zero through 2023.
