Hedge Funds Are Betting Big On This $130 Trillion Trend

Hedge Funds Are Betting Big On This $130 Trillion Trend

PR Newswire

LONDON, Nov. 16, 2020

FN Media Group Presents Oilprice.com Market Commentary

LONDON, Nov. 16, 2020 /PRNewswire/ -- This isn't just a megatrend. It's a movement in Big Money, and it's the most profound redistribution of investment that the world's biggest asset and wealth managers have recently seen. Big money is fleeing anything that's not sustainable.   Mentioned in today's commentary includes:  Microsoft Corporation (NASDAQ: MSFT), Apple Inc. (NASDAQ: AAPL), Facebook, Inc. (NASDAQ: FB), Alphabet Inc. (NASDAQ: GOOGL), Tesla, Inc. (NASDAQ: TSLA).

By 2022, PwC says that 77% of institutional investors will stop buying non-ESG products entirely. ESG fund assets will account for over 50% of all European fund assets by 2025. That's nearly $8 trillion. And it's only the beginning. 

Europe may be trouncing ESG assets right now, but across the Atlantic, there's nearly $120 trillion up for grabs. Over 3,000 investors with over $110 trillion in assets under management support ESG investing. Another industry-led group of 70 members with $9 trillion in assets under management does, too. 

Why? Because sustainability isn't just outperforming the market …It's BIg Money's downside protection against ESG-related risks. That's partly why BlackRock, with some $6.5 trillion in assets under management, is now the King of Wall Street. 

And it's why Facedrive (FD.V, FDVRF)--a tech-driven, multi-vertical, next-gen company with an multiple ESG-focused portfolio is grabbing headlines across North America's biggest industries…

From the $5-trillion global transportation industry and the $9 trillion healthcare industry, which is now explicitly tied to the fate of the $850-billion airline industry, to the $600-billion major league sports industry and the $26-billion food delivery segment … And the future of Facedrive verticals are multiple … with an uncompromising "people and planet first" viewpoint for everything it does …

From the world's first carbon-offset ride-hailing company and environmentally friendlier food delivery to Tier 1 technology on the frontline of COVID-19, an answer to major league sports' big revenue problem and … most recently, a major push into the U.S. with an EV subscription car service that plans to help change the way North Americans think about owning vehicles--forever. 

Multi-Trillions of Dollars Looking for Somewhere To Invest

This is a new generation of investors, and they're looking for a new kind of investment: One that harnesses the profit of ESG.  It's about avoiding potential financial losses and enduring scandals that can impact returns and product value. 

That's why PwC says that "public awareness of ESG-related risks has catapulted climate change and sustainability to the top of the global agenda" and that "COVID has accelerated this shift, bringing the real-life impacts of overlooking ESG factors into the spotlight".  And that's why BlackRock CEO Larry Fink says that "awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance".

That's a multi-million-dollar reshaping of finance … It's an expensive lesson for a company like Uber, which disrupted a hundred-year-old dynasty, bringing the taxi industry to its knees within 7 years. But now finds itself on the wrong side of ESG history …

Facedrive (FD.V, FDVRF) is on the right side and it's working to disrupt the transportation industry from two flanking positions: 

#1 Next-Gen Ride-Hailing: The ESG Element

Facedrive's flagship ride-hailing platform was the first to offer riders a choice of EVs and hybrids. And the first to plant trees to offset its carbon footprint. 

That's because it was the first to foresee the problem with Uber and Lyft: They completely ignored sustainability, with ride-hailing resulting in nearly 70% more pollution than whatever transportation it displaced. It's the first to bring cities and communities on as stakeholders, and it's the first to treat its drivers as people who deserve living wages. 

#2 The Transportation Revolution 

When you combine the $5 trillion global transportation industry with an energy industry whose renewables sector is growing dramatically, you get one of the most lucrative marriages of industry yet ... 

Steer, backed by an Exelon (NASDAQ: EXC) subsidiary, is planning the biggest disruption the global transportation industry has seen in decades. And it was just acquired by Facedrive

Washington, D.C.-based Steer is a high-tech vehicle subscription service that isn't planning to simply disrupt the auto industry and change the way we "own" cars … This seamless, hassle-free technology is grabbing onto the ESG megatrend by giving subscribers access to their own virtual garage of low-emissions vehicles and EVs. 


Multiple Verticals, Limitless ESG

From the best in high-tech contact-tracing tech that could help airlines, to a solution for revenue-starved major league sports, the verticals here are dizzying--but they're all ESG, and they're all high-tech. 

Facedrive (FD.V, FDVRF) engineered a major coup at the height of the COVID pandemic, launching TraceSCAN, a homegrown Canadian COVID-19 tracing solution and the only viable application that features Bluetooth wearable tech integration. It's also got one of the biggest labor unions in the world on board, and more recently--official endorsement from the Government of Ontario, which is supporting its deployment--far and wide.

That's because it's the only tech that can effectively help trace coronavirus infections without use of a smart phone, and it could become crucial to open operations on everything from Parliament Hill's major renovation project in Ottawa, to corporate offices, sporting events, healthcare facilities, long-term care facilities and outdoor venues. But the biggest TraceScan coup took place just two weeks ago, when giant Air Canada signed a deal to launch a TraceScan pilot project for its employees. 

The news flow for ESG has a climate change, pandemic and "people and planet" first momentum that is fast and furious, and Facedrive (FD.V, FDVRF) deal flow is just as fast.

The ESG Trend Is Heating Up

Tech giants across the board are diving head-first into the sustainability push. Facebook (NASDAQ: FB), for its part, has taken an innovative approach in its efforts to reduce its carbon footprint. Its data centers are some of the most resource-efficient on the planet, and it's become an example for the entire industry.  And by the end of the year, it will have 100% of its data centers running on green energy. A massive and ambitious undertaking. But if anyone can do it, it's Facebook.

Facebook has even gone a step further with its focus on building more sustainable workplaces. It's building designs incorporate a number of renewable energy sources and water recycling methods, in addition to promoting the recycling and sustainability of all products consumed on site.

Facebook is by no means the only tech company pushing this trend, either. Microsoft, Google and Apple are on making major moves to clean up their acts, as well. And not only is it a big draw for investors, it's forcing other industries to make changes, as well.

Microsoft (MSFT) is a prime example of a company pushing sustainability into the center stage of its operations. In fact, Microsoft is going above and beyond in its carbon emissions pledge. It is aiming to be carbon neutral in the next decade. Not only is the tech giant taking a leadership role in reducing its carbon emissions, but it is also at the forefront of a technological wave that is actively helping other companies curb their emissions, as well.

Microsoft has created numerous resources to help monitor and evaluate the impact of different businesses on the environment, helping gather data to better understand where and how the world can improve. Additionally, Microsoft is creating tools to better regulate the use of water and curb the world's growing waste problems.

Not only has it helped other companies reduce emissions, it's taking a serious stance on the climate crisis itself. In fact, it's pushing so hard that it is aiming to be carbon NEGATIVE by 2030. That's a huge pledge. And if anyone can do it, it's Microsoft.

It's no secret that Apple (NASDAQ: AAPL) has always thought outside of the box. And when it brought back Steve Jobs in 1997, the company really took off. Jobs also paved the way to a greener future for the company.  From the products themselves, to the packages they came in, and even the data centers powering them, Steve Jobs went above and beyond to cut the environmental impact of his company.

Apple has made significant moves towards renewables. All of Apple's operations run on 100% renewable energy. "We proved that 100 percent renewable is 100 percent doable. All our facilities worldwide—including Apple offices, retail stores, and data centers—are now powered entirely by clean energy. But this is just the beginning of how we're reducing greenhouse gas emissions that contribute to climate change. We're continuing to go further than most companies in measuring our carbon footprint, including manufacturing and product use. And we're making great progress in those areas too," CEO Tim Cook explained.

And it's already having an impact. Not only have they decreased their average product's energy use by 70 percent. They've reduced their total carbon footprint by more than 35 percent in just a few short years. All while securing the title as the World's First Trillion Dollar Company.

Not to be outdone, Google (NASDAQ: GOOGL) is jumping on the green bandwagon, as well. It's focus is on raising the bar for smarter and more efficient use of the world's limited resources. It is building sustainable, energy-efficient data centers and workplaces. It is also harnessing artificial intelligence to utilize energy more efficiently.  

Despite being one of the largest companies on the planet, in many ways it has lived up to its original "Don't Be Evil" slogan. Not only is Google powering its data centers with renewable energy, it is also on the cutting edge of innovation in the industry, investing in new technology and green solutions to build a more sustainable tomorrow. It's bid to reduce its carbon footprint has been well received by both younger and older investors. And as the need to slow down climate change becomes increasingly dire, it's easy to see why.  

There's a reason TSLA (NASDAQ: TSLA) has performed so well this year. Investors love its message. As one of the world's most innovative car manufacturers, it has made electric vehicles cool again. Its slick design is beloved across the world. In fact, it's likely impossible to NOT see a Tesla in cities like Hong Kong or San Francisco.  Musk is likely to emerge with three crowns on the ground: EVs, solar, and clean energy. Each revolutionary.

It may seem easy to overlook Tesla's solar business considering that the solar panel and battery segment brought in just six percent of the company's revenue in 2019. But with the meteoric rise of ESG investing over the past couple of years, many companies, including traditional fossil fuel companies, have been investing in clean energy projects including solar and wind energy at an unprecedented rate. 

By. Sasha Kay

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help completely change the way people view car ownership, that Steer can disrupt industry segments; that the Tally app will become popular and start generating substantial revenues; that the Tally sports predictive app will lead to online sports revenue; that Tracescan  could help the tourism industry deal with COVID and will sign new agreements for use of its alert wearables; that new tech deals will be signed by Facedrive; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that the Tally app may not become popular, may not lead to revenues from the app; that competitors may offer better or cheaper alternatives to the Facedrive businesses; TraceScan may not work as expected in commercial settings; changing governmental laws and policies; the company's ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company's expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of Facedrive to attract providers of good and services for merchandise partnerships on terms acceptable to both parties, and on profitable terms for Facedrive; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively "the Company") owns a considerable number of shares of FaceDrive (FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company's stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

DISCLAIMER:  OilPrice.com is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein.  The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:

Media Contact e-mail:  editor@financialnewsmedia.com  U.S. Phone: +1(954)345-0611

 

Voltar noticias em Inglês